Kearns Prize Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 511,338 | 0 | 511,338 | — | — |
| 2020 | 22,019 | 28,925 | −6,906 | 209.3 | 0% |
| 2021 | 10,053 | 24,128 | −14,075 | 243.9 | 0% |
| 2022 | 14,792 | 96,646 | −81,854 | 50.7 | 0% |
In its most recent public year (2022), this organization spent $81,854 more than it brought in. Its reserves stood at about 50.7 months of spending. 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 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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