Lex Memorial Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 23,315 | 28,545 | −5,230 | 139.1 | 0% |
| 2012 | 11,835 | 22,250 | −10,415 | 185.8 | 0% |
| 2013 | 17,476 | 22,027 | −4,551 | 196.9 | 0% |
| 2014 | 47,117 | 30,825 | 16,292 | 154.0 | 0% |
| 2015 | 47,504 | 33,589 | 13,915 | 156.9 | 0% |
| 2016 | 25,526 | 23,887 | 1,639 | 232.7 | 0% |
| 2017 | 42,190 | 36,893 | 5,297 | 170.9 | 0% |
| 2018 | 44,698 | 49,412 | −4,714 | 110.3 | 0% |
| 2019 | 40,556 | 33,356 | 7,200 | 186.6 | 0% |
| 2020 | 5,109 | 27,148 | −22,039 | 222.9 | 0% |
| 2021 | 27,897 | 22,285 | 5,612 | 315.4 | 0% |
| 2022 | 44,300 | 31,553 | 12,747 | 200.6 | 0% |
| 2023 | 66,340 | 31,695 | 34,645 | 205.9 | 0% |
In its most recent public year (2023), this organization brought in $34,645 more than it spent. Its reserves stood at about 205.9 months of spending, up from 139.1 in 2011. Staff pay was 0% 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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