Mary I Gourley Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 274,487 | 723,614 | −449,127 | 188.7 | 23% |
| 2013 | 371,754 | 758,768 | −387,014 | 181.7 | 23% |
| 2014 | 627,174 | 807,917 | −180,743 | 178.0 | 23% |
| 2015 | 512,122 | 813,919 | −301,797 | 157.9 | 23% |
| 2016 | 440,755 | 833,852 | −393,097 | 144.3 | 21% |
| 2017 | 320,623 | 818,862 | −498,239 | 141.5 | 20% |
| 2018 | 285,833 | 878,354 | −592,521 | 126.2 | 24% |
| 2019 | 274,600 | 879,839 | −605,239 | 120.3 | 24% |
| 2020 | 988,444 | 759,395 | 229,049 | 143.1 | 26% |
| 2021 | −159,605 | 630,041 | −789,646 | 156.8 | 24% |
| 2022 | 608,768 | 538,665 | 70,103 | 185.0 | 24% |
| 2023 | 229,314 | 618,101 | −388,787 | 153.6 | 22% |
| 2024 | 293,302 | 691,521 | −398,219 | 130.4 | 20% |
In its most recent public year (2024), this organization spent $398,219 more than it brought in. Its reserves stood at about 130.4 months of spending, down from 188.7 in 2012. Staff pay was 20% 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
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