Powers Community Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 368,971 | 30,725 | 338,246 | 235.8 | 0% |
| 2019 | 96,699 | 22,976 | 73,723 | 353.9 | 0% |
| 2020 | 71,004 | 8,856 | 62,148 | 1002.3 | 0% |
| 2021 | 81,447 | 4,319 | 77,128 | 2269.4 | 0% |
| 2022 | −48,893 | 7,418 | −56,311 | 1230.2 | 0% |
| 2023 | 97,258 | 8,588 | 88,670 | 1186.5 | 0% |
In its most recent public year (2023), this organization brought in $88,670 more than it spent. Its reserves stood at about 1186.5 months of spending, up from 235.8 in 2018. 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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