Toussaint L Hale Sr Scholarship And Benevolence Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 66,080 | 85,465 | −19,385 | 31.9 | — |
| 2020 | 58,967 | 47,971 | 10,996 | 59.5 | — |
| 2021 | 92,981 | 46,433 | 46,548 | 73.5 | — |
| 2022 | 82,610 | 62,779 | 19,831 | 58.2 | — |
| 2023 | 121,898 | 96,612 | 25,286 | 40.9 | — |
In its most recent public year (2023), this organization brought in $25,286 more than it spent. Its reserves stood at about 40.9 months of spending, up from 31.9 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 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
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