Connie And Ricky Sparks Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 32,270 | 26,784 | 5,486 | 87.5 | — |
| 2021 | 56,552 | 20,995 | 35,557 | 131.9 | — |
| 2022 | 52,213 | 27,955 | 24,258 | 109.5 | — |
In its most recent public year (2022), this organization brought in $24,258 more than it spent. Its reserves stood at about 109.5 months of spending, up from 87.5 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 2022. 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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