Shining Light Scholarship Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 27,739 | 17,464 | 10,275 | 7.1 | — |
| 2021 | 26,600 | 21,076 | 5,524 | 9.0 | — |
| 2022 | 12,000 | 11,596 | 404 | 16.8 | — |
| 2023 | 2,000 | 6,465 | −4,465 | 21.8 | — |
In its most recent public year (2023), this organization spent $4,465 more than it brought in. Its reserves stood at about 21.8 months of spending, up from 7.1 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 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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