everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Grace Hoyle Scholarship Fund Inc

Newton, NC / EIN 56-1216015 / Form 990-EZ / latest filing 2022
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20123701,010−640476.7
20133711,009−638469.6
20141501,000−850463.6
20151501,017−867445.6
20161771,012−835437.9
20171770177
20182,0842,01173221.9
20192,0793,025−946143.7
20202,0492,356−307183.0
20212,0493,463−1,414119.6
2022102,481−2,471155.0

In its most recent public year (2022), this organization spent $2,471 more than it brought in. Its reserves stood at about 155 months of spending, down from 476.7 in 2012.

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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