Chuck Petersen Memorial Scholarship
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,909 | 5,000 | −2,091 | 182.7 | — |
| 2020 | 5,735 | 5,000 | 735 | 204.2 | — |
| 2021 | 6,769 | 7,500 | −731 | 154.0 | — |
| 2022 | −2,695 | 7,500 | −10,195 | 103.4 | — |
In its most recent public year (2022), this organization spent $10,195 more than it brought in. Its reserves stood at about 103.4 months of spending, down from 182.7 in 2019.
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 2022. 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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