Isaiah & Dot Torbert Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 1,320 | 0 | 1,320 | — | — |
| 2017 | 550 | 176 | 374 | 115.5 | — |
| 2018 | 1,068 | 1,700 | −632 | 7.5 | — |
| 2019 | 2,011 | 918 | 1,093 | 28.2 | — |
| 2021 | 276 | 1,100 | −824 | 78.7 | — |
| 2022 | 25 | 1,000 | −975 | 74.9 | — |
| 2023 | 205 | 1,000 | −795 | 65.4 | — |
In its most recent public year (2023), this organization spent $795 more than it brought in. Its reserves stood at about 65.4 months 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 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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