Governors Scholars Program Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 641,015 | 228,800 | 412,215 | 129.8 | 39% |
| 2012 | 615,953 | 201,578 | 414,375 | 155.8 | 38% |
| 2013 | 649,209 | 245,372 | 403,837 | 136.4 | 35% |
| 2014 | 589,906 | 313,140 | 276,766 | 104.3 | 26% |
| 2015 | 636,045 | 226,887 | 409,158 | 141.0 | 31% |
| 2016 | 654,250 | 205,681 | 448,569 | 160.4 | 35% |
| 2017 | 572,093 | 204,543 | 367,550 | 169.1 | 34% |
| 2018 | 676,681 | 640,341 | 36,340 | 52.4 | 11% |
| 2019 | 606,177 | 745,882 | −139,705 | 47.8 | 11% |
| 2020 | 503,055 | 339,078 | 163,977 | 118.9 | 34% |
| 2021 | 718,246 | 589,801 | 128,445 | 81.6 | 19% |
| 2022 | 651,381 | 548,922 | 102,459 | 77.8 | 24% |
| 2023 | 558,834 | 690,202 | −131,368 | 68.7 | 20% |
In its most recent public year (2023), this organization spent $131,368 more than it brought in. Its reserves stood at about 68.7 months of spending, down from 129.8 in 2011. Staff pay was 20% of spending. $698,198 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
Governors Scholars Program Foundation Inc'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