Jeffrey Schmidt Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 40,720 | 45,071 | −4,351 | 1.8 | — |
| 2015 | 43,846 | 39,082 | 4,764 | 3.6 | — |
| 2016 | 73,481 | 57,943 | 15,538 | 5.6 | — |
| 2017 | 51,934 | 54,384 | −2,450 | 5.4 | — |
| 2018 | 48,411 | 30,193 | 18,218 | 8.4 | — |
| 2019 | 40,628 | 40,678 | −50 | 6.3 | — |
| 2020 | 33,975 | 44,273 | −10,298 | 3.0 | — |
In its most recent public year (2020), this organization spent $10,298 more than it brought in. Its reserves stood at about 3 months of spending, up from 1.8 in 2014.
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 2020. 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
Jeffrey Schmidt Scholarship Fund's IRS filings as a feed — one entry per filing year, through 2020. 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