Fsa Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 142,527 | 154,192 | −11,665 | 2.5 | 14% |
| 2012 | 174,541 | 146,731 | 27,810 | 4.9 | 13% |
| 2013 | 175,662 | 159,880 | 15,782 | 5.6 | 11% |
| 2014 | 162,689 | 180,745 | −18,056 | 3.8 | 11% |
| 2015 | 98,089 | 121,107 | −23,018 | 3.6 | 19% |
| 2016 | 173,125 | 141,984 | 31,141 | 5.7 | 16% |
| 2017 | 179,630 | 152,538 | 27,092 | 7.4 | 15% |
| 2018 | 202,884 | 197,297 | 5,587 | 6.1 | 10% |
| 2019 | 235,787 | 205,893 | 29,894 | 7.6 | 10% |
| 2020 | 100,299 | 96,607 | 3,692 | 16.6 | 19% |
| 2021 | 100,308 | 59,149 | 41,159 | 35.5 | 30% |
| 2022 | 56,370 | 65,389 | −9,019 | 30.4 | 36% |
| 2023 | 53,115 | 57,803 | −4,688 | 33.4 | 37% |
In its most recent public year (2023), this organization spent $4,688 more than it brought in. Its reserves stood at about 33.4 months of spending, up from 2.5 in 2011. Staff pay was 37% of spending. $29,677 of its net assets are donor-restricted.
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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