Father Robert Hammond Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 20,647 | 15,955 | 4,692 | 405.6 | 0% |
| 2021 | −3,808 | 11,486 | −15,294 | 687.1 | 0% |
| 2022 | 78,821 | 14,094 | 64,727 | 527.3 | 0% |
| 2023 | 24,138 | 9,130 | 15,008 | 799.6 | 0% |
| 2024 | 21,270 | 8,033 | 13,237 | 1064.1 | 0% |
In its most recent public year (2024), this organization brought in $13,237 more than it spent. Its reserves stood at about 1064.1 months of spending, up from 405.6 in 2020. 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 2024. 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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