Stephen T Marchello Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 23,586 | 15,742 | 7,844 | 34.5 | — |
| 2013 | 20,024 | 15,856 | 4,168 | 34.6 | — |
| 2014 | 25,099 | 14,422 | 10,677 | 12.4 | — |
| 2015 | 30,725 | 26,444 | 4,281 | 8.7 | — |
| 2016 | 24,915 | 21,150 | 3,765 | 7.5 | 0% |
| 2022 | 6,624 | 7,932 | −1,308 | 33.1 | — |
In its most recent public year (2022), this organization spent $1,308 more than it brought in. Its reserves stood at about 33.1 months of spending, down from 34.5 in 2012.
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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