Eldon Durrett Memorial Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 32,922 | 31,328 | 1,594 | 553.6 | 0% |
| 2021 | 24,437 | 32,545 | −8,108 | 601.2 | 0% |
| 2022 | 187,940 | 39,006 | 148,934 | 453.8 | 0% |
| 2023 | 124,021 | 34,195 | 89,826 | 570.7 | 0% |
In its most recent public year (2023), this organization brought in $89,826 more than it spent. Its reserves stood at about 570.7 months of spending, up from 553.6 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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