Cape Coral Mayors Scholarship Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 50,598 | 48,256 | 2,342 | 2.3 | 0% |
| 2016 | 55,148 | 50,558 | 4,590 | 4.5 | 0% |
| 2017 | 52,342 | 45,292 | 7,050 | 6.9 | 0% |
| 2018 | 54,330 | 44,109 | 10,221 | 9.9 | 0% |
| 2019 | 46,771 | 53,174 | −6,403 | 6.8 | 0% |
| 2020 | 33,755 | 36,971 | −3,216 | 8.7 | — |
| 2021 | 60,955 | 58,690 | 2,265 | 5.9 | — |
| 2022 | 66,479 | 74,410 | −7,931 | 3.4 | — |
| 2023 | 86,091 | 69,380 | 16,711 | 6.5 | — |
In its most recent public year (2023), this organization brought in $16,711 more than it spent. Its reserves stood at about 6.5 months of spending, up from 2.3 in 2015.
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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