Otha E Herring Scholarship Fund Ii
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 50,023 | 15,983 | 34,040 | 431.7 | 75% |
| 2013 | 37,949 | 84,503 | −46,554 | 75.0 | 16% |
| 2014 | 366,883 | 57,279 | 309,604 | 175.5 | 19% |
| 2015 | 51,768 | 140,549 | −88,781 | 63.9 | 7% |
| 2016 | 36,705 | 47,055 | −10,350 | 188.4 | 20% |
| 2017 | 19,818 | 10,183 | 9,635 | 882.1 | 96% |
| 2018 | 38,602 | 40,523 | −1,921 | 221.3 | 26% |
| 2019 | 36,260 | 35,803 | 457 | 251.1 | 28% |
| 2020 | 23,352 | 10,972 | 12,380 | 832.8 | 92% |
| 2021 | 29,078 | 28,524 | 554 | 320.3 | 39% |
| 2022 | 48,909 | 57,740 | −8,831 | 156.4 | 22% |
| 2023 | 109,336 | 32,924 | 76,412 | 302.1 | 22% |
| 2024 | 36,690 | 33,846 | 2,844 | 294.7 | 21% |
In its most recent public year (2024), this organization brought in $2,844 more than it spent. Its reserves stood at about 294.7 months of spending, down from 431.7 in 2012. Staff pay was 21% 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
Otha E Herring Scholarship Fund Ii'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