Reverend Dr A W Watkins Scholarship Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 27,308 | 20,782 | 6,526 | 6.1 | 0% |
| 2017 | 43,117 | 28,634 | 14,483 | 10.5 | 0% |
| 2018 | 49,434 | 31,129 | 18,305 | 12.7 | 0% |
| 2019 | 54,240 | 32,506 | 21,734 | 14.8 | 0% |
| 2020 | 25,142 | 20,000 | 5,142 | 23.7 | 0% |
| 2021 | 58,505 | 35,946 | 22,559 | 20.7 | 0% |
| 2022 | 55,624 | 55,149 | 475 | 8.9 | — |
| 2023 | 61,119 | 56,632 | 4,487 | 9.6 | — |
In its most recent public year (2023), this organization brought in $4,487 more than it spent. Its reserves stood at about 9.6 months of spending, up from 6.1 in 2016.
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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