Michael D Reilley Scholarship Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 675 | 6,672 | −5,997 | 0.0 | — |
| 2021 | 11,110 | 6,478 | 4,632 | 8.6 | — |
| 2022 | 398 | 7,239 | −6,841 | 48.6 | — |
| 2023 | 0 | 6,219 | −6,219 | 44.6 | — |
In its most recent public year (2023), this organization spent $6,219 more than it brought in. Its reserves stood at about 44.6 months of spending, up from 0 in 2020.
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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