Promising Scholars Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 65,611 | 31,260 | 34,351 | 94.2 | — |
| 2011 | 51,024 | 35,688 | 15,336 | 69.3 | — |
| 2012 | 36,053 | 50,558 | −14,505 | 74.3 | — |
| 2013 | 66,630 | 46,201 | 20,429 | 91.0 | — |
| 2014 | 40,487 | 5,672 | 34,815 | 814.6 | — |
| 2015 | 22,904 | 36,409 | −13,505 | 122.5 | — |
| 2016 | 49,580 | 45,042 | 4,538 | 103.9 | — |
| 2017 | 104,290 | 58,645 | 45,645 | 89.1 | — |
| 2018 | 67,960 | 67,806 | 154 | 14.4 | — |
| 2019 | 68,290 | 69,058 | −768 | 14.0 | — |
| 2021 | 137,521 | 48,890 | 88,631 | 31.4 | — |
| 2023 | 72,166 | 89,890 | −17,724 | 7.4 | — |
In its most recent public year (2023), this organization spent $17,724 more than it brought in. Its reserves stood at about 7.4 months of spending, down from 94.2 in 2010.
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
Promising Scholars Fund Inc'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