Ron Brown Scholar Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 2,320,565 | 2,040,888 | 279,677 | 89.9 | 26% |
| 2015 | 3,086,391 | 2,104,550 | 981,841 | 88.0 | 27% |
| 2016 | 1,828,906 | 2,351,147 | −522,241 | 81.3 | 28% |
| 2017 | 7,472,850 | 2,517,780 | 4,955,070 | 92.8 | 30% |
| 2018 | 2,999,492 | 3,078,891 | −79,399 | 67.6 | 32% |
| 2019 | 2,256,191 | 3,172,081 | −915,890 | 70.8 | 35% |
| 2020 | 4,268,717 | 2,632,562 | 1,636,155 | 98.7 | 42% |
| 2021 | 7,712,005 | 3,157,728 | 4,554,277 | 92.0 | 42% |
| 2022 | 3,637,027 | 3,994,789 | −357,762 | 58.9 | 34% |
| 2023 | 3,391,324 | 4,860,079 | −1,468,755 | 51.0 | 32% |
In its most recent public year (2023), this organization spent $1,468,755 more than it brought in. Its reserves stood at about 51 months of spending, down from 89.9 in 2014. Staff pay was 32% of spending. $5,050,976 of its net assets are donor-restricted.
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
Ron Brown Scholar Fund's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works