Funderburg Scholars Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 128,614 | 90,833 | 37,781 | 14.2 | — |
| 2019 | 167,233 | 94,121 | 73,112 | 23.1 | — |
| 2020 | 156,975 | 101,255 | 55,720 | 27.9 | — |
| 2021 | 194,203 | 76,533 | 117,670 | 55.4 | — |
| 2022 | 285,215 | 283,808 | 1,407 | 15.0 | 0% |
| 2023 | 186,122 | 170,276 | 15,846 | 26.1 | 0% |
| 2024 | 345,802 | 184,833 | 160,969 | 34.5 | 0% |
In its most recent public year (2024), this organization brought in $160,969 more than it spent. Its reserves stood at about 34.5 months of spending, up from 14.2 in 2018. 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 2024. 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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