Zambias Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 228,889 | 188,833 | 40,056 | 12.1 | 0% |
| 2012 | 231,653 | 192,367 | 39,286 | 14.4 | 0% |
| 2013 | 216,593 | 166,092 | 50,501 | 18.6 | 0% |
| 2014 | 202,068 | 164,413 | 37,655 | 21.5 | 0% |
| 2015 | 189,844 | 211,518 | −21,674 | 13.3 | 0% |
| 2016 | 247,785 | 178,683 | 69,102 | 20.4 | 0% |
| 2017 | 360,804 | 228,641 | 132,163 | 23.0 | 0% |
| 2018 | 452,620 | 314,357 | 138,263 | 21.9 | 0% |
| 2019 | 479,852 | 299,271 | 180,581 | 30.2 | 2% |
| 2020 | 571,391 | 378,294 | 193,097 | 30.1 | 2% |
| 2021 | 656,721 | 243,979 | 412,742 | 66.9 | 2% |
| 2022 | 498,374 | 536,770 | −38,396 | 29.6 | 2% |
| 2023 | 581,001 | 530,330 | 50,671 | 31.1 | 2% |
In its most recent public year (2023), this organization brought in $50,671 more than it spent. Its reserves stood at about 31.1 months of spending, up from 12.1 in 2011. Staff pay was 2% 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
Zambias Scholarship Fund's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works