Afc Scholarship Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 434,641 | 434,641 | 0 | 0.0 | 0% |
| 2012 | 218,233 | 218,233 | 0 | 0.0 | 0% |
| 2013 | 632,163 | 632,523 | −360 | 0.0 | 6% |
| 2016 | 573,377 | 573,377 | 0 | 0.0 | 10% |
| 2017 | 759,142 | 759,142 | 0 | 0.0 | 59% |
| 2018 | 587,576 | 587,576 | 0 | 0.0 | 40% |
| 2019 | 144,263 | 144,263 | 0 | 0.0 | 20% |
| 2020 | 2,148 | 16,963 | −14,815 | 0.0 | 76% |
| 2021 | 131,759 | 131,759 | 0 | 0.0 | 85% |
| 2022 | 298,368 | 298,368 | 0 | 0.0 | 39% |
| 2023 | 379,249 | 379,249 | 0 | 0.0 | 31% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 0 months of spending. Staff pay was 31% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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