John Mclendon Minority Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 130,294 | 111,540 | 18,754 | 107.9 | 14% |
| 2012 | 212,825 | 109,943 | 102,882 | 128.1 | 18% |
| 2013 | 256,322 | 120,268 | 136,054 | 142.6 | 13% |
| 2014 | 294,075 | 206,260 | 87,815 | 87.8 | 6% |
| 2015 | 372,953 | 213,202 | 159,751 | 89.2 | 0% |
| 2016 | 213,105 | 99,382 | 113,723 | 212.8 | 0% |
| 2017 | 238,291 | 112,490 | 125,801 | 221.3 | 0% |
| 2018 | 179,838 | 126,761 | 53,077 | 183.1 | 20% |
| 2019 | 203,487 | 150,257 | 53,230 | 180.6 | 0% |
| 2020 | 101,512 | 206,060 | −104,548 | 136.6 | 0% |
| 2021 | 117,235 | 155,704 | −38,469 | 194.4 | 0% |
| 2022 | 65,213 | 283,021 | −217,808 | 79.9 | 0% |
| 2023 | 133,525 | 264,225 | −130,700 | 90.6 | 0% |
In its most recent public year (2023), this organization spent $130,700 more than it brought in. Its reserves stood at about 90.6 months of spending, down from 107.9 in 2011. 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
John Mclendon Minority Scholarship Foundation's IRS filings as a feed — one entry per filing year, through 2023. 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