Frank B Fay Iii Scholarship Foundation 44405846
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 24,923 | 71,818 | −46,895 | 158.2 | 29% |
| 2012 | 23,287 | 80,350 | −57,063 | 132.9 | 24% |
| 2013 | 25,932 | 81,450 | −55,518 | 122.9 | 25% |
| 2014 | 34,888 | 71,561 | −36,673 | 133.7 | 29% |
| 2015 | 47,784 | 64,166 | −16,382 | 146.1 | 33% |
| 2016 | 34 | 75,390 | −75,356 | 112.3 | 19% |
| 2017 | 40,646 | 77,920 | −37,274 | 103.0 | 21% |
| 2018 | 24,872 | 78,424 | −53,552 | 94.1 | 22% |
| 2019 | 118,807 | 78,869 | 39,938 | 99.6 | 22% |
| 2020 | 62,041 | 63,770 | −1,729 | 122.9 | 27% |
| 2021 | 97,592 | 67,060 | 30,532 | 122.4 | 31% |
| 2022 | 51,992 | 62,296 | −10,304 | 129.7 | 34% |
| 2023 | 44,589 | 55,125 | −10,536 | 144.3 | 36% |
In its most recent public year (2023), this organization spent $10,536 more than it brought in. Its reserves stood at about 144.3 months of spending, down from 158.2 in 2011. Staff pay was 36% of spending.
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
Frank B Fay Iii Scholarship Foundation 44405846'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