Friends Of Young Scholars
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 789,690 | 30,395 | 759,295 | 299.8 | 0% |
| 2022 | 157,229 | 251,388 | −94,159 | 31.8 | 0% |
| 2023 | 285,378 | 407,222 | −121,844 | 16.0 | 0% |
In its most recent public year (2023), this organization spent $121,844 more than it brought in. Its reserves stood at about 16 months of spending, down from 299.8 in 2021. 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 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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