Answer Scholarship Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 103,409 | 34,151 | 69,258 | 24.3 | — |
| 2017 | 171,773 | 117,073 | 54,700 | 12.8 | — |
| 2018 | 157,125 | 129,755 | 27,370 | 13.8 | — |
| 2019 | 91,538 | 114,935 | −23,397 | 13.7 | — |
| 2020 | 193,867 | 162,739 | 31,128 | 12.0 | — |
| 2022 | 195,150 | 184,045 | 11,105 | 12.3 | 15% |
| 2023 | 230,287 | 280,957 | −50,670 | 9.7 | 28% |
In its most recent public year (2023), this organization spent $50,670 more than it brought in. Its reserves stood at about 9.7 months of spending. Staff pay was 28% of spending. $10,000 of its net assets are donor-restricted.
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
Answer Scholarship 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