Tolland High School Scholarship Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,513,487 | 67,430 | 1,446,057 | 288.0 | 0% |
| 2022 | 53,674 | 108,319 | −54,645 | 138.7 | 0% |
| 2023 | 73,574 | 116,192 | −42,618 | 143.4 | 0% |
In its most recent public year (2023), this organization spent $42,618 more than it brought in. Its reserves stood at about 143.4 months of spending, down from 288 in 2021. Staff pay was 0% of spending. $50,744 of its net assets are donor-restricted.
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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