Passageway Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 150,037 | 91,384 | 58,653 | 70.1 | 0% |
| 2012 | 212,924 | 111,311 | 101,613 | 68.5 | 0% |
| 2013 | 114,776 | 114,098 | 678 | 66.9 | 0% |
| 2014 | 29,628 | 60,002 | −30,374 | 121.1 | 0% |
| 2015 | 180,235 | 39,791 | 140,444 | 213.7 | 0% |
| 2016 | 70,126 | 52,829 | 17,297 | 173.4 | 0% |
| 2017 | 78,607 | 86,387 | −7,780 | 104.8 | 0% |
| 2018 | 61,338 | 56,877 | 4,461 | 160.1 | 0% |
| 2019 | 37,448 | 59,035 | −21,587 | 150.1 | 0% |
| 2020 | 143,569 | 41,164 | 102,405 | 245.1 | 0% |
| 2022 | 124,434 | 36,342 | 88,092 | 297.8 | 0% |
| 2023 | 60,690 | 30,939 | 29,751 | 361.4 | 0% |
In its most recent public year (2023), this organization brought in $29,751 more than it spent. Its reserves stood at about 361.4 months of spending, up from 70.1 in 2011. 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
Passageway Scholarship Foundation'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