The Scovell Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 86,050 | 68,397 | 17,653 | 196.7 | 22% |
| 2013 | 241,508 | 86,673 | 154,835 | 162.7 | 17% |
| 2014 | 137,743 | 74,359 | 63,384 | 303.3 | 3% |
| 2015 | 140,793 | 80,350 | 60,443 | 288.3 | 0% |
| 2016 | 111,896 | 92,345 | 19,551 | 247.1 | 0% |
| 2017 | 195,074 | 82,611 | 112,463 | 299.6 | 0% |
| 2018 | 285,438 | 92,539 | 192,899 | 281.8 | 0% |
| 2019 | 264,740 | 91,474 | 173,266 | 285.8 | 0% |
| 2020 | 71,471 | 77,963 | −6,492 | 340.1 | 0% |
| 2021 | 399,306 | 103,292 | 296,014 | 328.8 | 0% |
| 2022 | 362,218 | 97,270 | 264,948 | 320.6 | 0% |
| 2023 | −14,141 | 117,491 | −131,632 | 251.5 | 0% |
In its most recent public year (2023), this organization spent $131,632 more than it brought in. Its reserves stood at about 251.5 months of spending, up from 196.7 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 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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