The Litchfield Scholarship Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 261,958 | 460,235 | −198,277 | 167.4 | 0% |
| 2013 | 468,351 | 282,440 | 185,911 | 292.9 | 0% |
| 2014 | 287,964 | 313,801 | −25,837 | 288.8 | 0% |
| 2015 | 637,262 | 321,825 | 315,437 | 280.5 | 0% |
| 2016 | 588,946 | 336,862 | 252,084 | 256.8 | 0% |
| 2017 | 423,994 | 387,089 | 36,905 | 246.5 | 0% |
| 2018 | 306,645 | 371,442 | −64,797 | 258.9 | 0% |
| 2019 | 264,726 | 416,853 | −152,127 | 233.8 | 0% |
| 2020 | 567,539 | 394,941 | 172,598 | 241.9 | 0% |
| 2021 | 1,001,934 | 389,681 | 612,253 | 298.8 | 0% |
| 2022 | 463,228 | 426,893 | 36,335 | 229.6 | 0% |
| 2023 | 860,389 | 487,121 | 373,268 | 214.6 | 0% |
| 2024 | 823,838 | 480,960 | 342,878 | 237.3 | 0% |
In its most recent public year (2024), this organization brought in $342,878 more than it spent. Its reserves stood at about 237.3 months of spending, up from 167.4 in 2012. 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 2024. 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
The Litchfield Scholarship Association Inc's IRS filings as a feed — one entry per filing year, through 2024. 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