Hong Kong Schools Alumni Federation Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 189,776 | 78,526 | 111,250 | 294.9 | 0% |
| 2012 | 282,792 | 17,063 | 265,729 | 1636.9 | 0% |
| 2013 | 684,225 | 164,026 | 520,199 | 216.2 | 0% |
| 2014 | 694,727 | 255,582 | 439,145 | 155.1 | 0% |
| 2015 | 319,797 | 138,288 | 181,509 | 287.2 | 0% |
| 2016 | 428,902 | 148,226 | 280,676 | 296.8 | 0% |
| 2017 | 336,208 | 100,611 | 235,597 | 512.3 | 0% |
| 2018 | 380,800 | 46,853 | 333,947 | 1082.9 | 0% |
| 2019 | 828,391 | 243,874 | 584,517 | 260.9 | 0% |
| 2020 | 316,554 | 76,435 | 240,119 | 908.9 | 0% |
| 2021 | 620,287 | 469,331 | 150,956 | 157.5 | 0% |
| 2022 | 593,605 | 193,155 | 400,450 | 342.5 | 0% |
| 2023 | 392,089 | 239,758 | 152,331 | 304.7 | 0% |
In its most recent public year (2023), this organization brought in $152,331 more than it spent. Its reserves stood at about 304.7 months of spending, up from 294.9 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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