Groton Scholarship Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 32,164 | 45,152 | −12,988 | 128.3 | 0% |
| 2021 | 55,776 | 54,898 | 878 | 114.7 | 0% |
| 2022 | 40,395 | 38,737 | 1,658 | 154.3 | 0% |
| 2023 | 39,701 | 31,400 | 8,301 | 200.5 | 0% |
In its most recent public year (2023), this organization brought in $8,301 more than it spent. Its reserves stood at about 200.5 months of spending, up from 128.3 in 2020. Staff pay was 0% 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
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