The Kit Murphy Memorial Scholarship Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 8,189 | 12,275 | −4,086 | 104.9 | — |
| 2011 | −24,847 | 8,815 | −33,662 | 100.2 | — |
| 2012 | 5,713 | 6,013 | −300 | 146.3 | — |
| 2013 | 8,029 | 7,167 | 862 | 124.2 | — |
| 2014 | 19,434 | 8,869 | 10,565 | 114.7 | — |
| 2015 | 2,856 | 9,733 | −6,877 | 96.0 | — |
| 2016 | 9,538 | 10,595 | −1,057 | 69.1 | — |
| 2017 | 3,537 | 8,192 | −4,655 | 82.5 | — |
| 2018 | 12,845 | 8,666 | 4,179 | 83.8 | — |
| 2019 | 26,026 | 12,606 | 13,420 | 70.4 | — |
| 2020 | 2,012 | 9,551 | −7,539 | 83.4 | — |
In its most recent public year (2020), this organization spent $7,539 more than it brought in. Its reserves stood at about 83.4 months of spending, down from 104.9 in 2010.
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 2020. 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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