Iron Mountain Public School Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 91,182 | 178,728 | −87,546 | 200.3 | 9% |
| 2012 | 315,645 | 165,273 | 150,372 | 227.6 | 10% |
| 2013 | 388,205 | 163,810 | 224,395 | 246.0 | 11% |
| 2014 | 365,302 | 191,264 | 174,038 | 221.6 | 10% |
| 2015 | 484,978 | 202,120 | 282,858 | 226.5 | 10% |
| 2016 | 365,023 | 249,684 | 115,339 | 188.9 | 0% |
| 2017 | 398,628 | 212,648 | 185,980 | 232.3 | 0% |
| 2018 | 305,526 | 266,837 | 38,689 | 186.8 | 0% |
| 2019 | 308,998 | 306,063 | 2,935 | 163.0 | 0% |
| 2020 | 324,435 | 282,094 | 42,341 | 178.7 | 0% |
| 2021 | 471,342 | 354,577 | 116,765 | 146.1 | 0% |
| 2022 | 103,325 | 308,961 | −205,636 | 159.7 | 0% |
| 2023 | 509,677 | 281,963 | 227,714 | 184.7 | 0% |
In its most recent public year (2023), this organization brought in $227,714 more than it spent. Its reserves stood at about 184.7 months of spending, down from 200.3 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
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