Louis & Scholar Nwoke Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 506,545 | 22,640 | 483,905 | 256.5 | 0% |
| 2020 | 602,008 | 43,610 | 558,398 | 323.7 | 0% |
| 2021 | 675,059 | 118,047 | 557,012 | 149.8 | 0% |
| 2022 | 650,500 | 541,967 | 108,533 | 32.1 | 0% |
| 2023 | 850,500 | 904,590 | −54,090 | 30.2 | 0% |
In its most recent public year (2023), this organization spent $54,090 more than it brought in. Its reserves stood at about 30.2 months of spending, down from 256.5 in 2019. 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
Louis & Scholar Nwoke Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. 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