Long Beach Rotary Scholarship Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,802,131 | 280,117 | 1,522,014 | 313.0 | 5% |
| 2012 | 405,035 | 347,003 | 58,032 | 251.2 | 4% |
| 2013 | 626,359 | 346,228 | 280,131 | 270.6 | 4% |
| 2014 | 516,358 | 364,567 | 151,791 | 283.2 | 5% |
| 2015 | 712,365 | 430,110 | 282,255 | 237.6 | 5% |
| 2016 | 1,050,246 | 448,078 | 602,168 | 228.1 | 7% |
| 2017 | 349,475 | 458,406 | −108,931 | 236.3 | 8% |
| 2018 | 514,968 | 491,486 | 23,482 | 230.3 | 7% |
| 2019 | 633,023 | 451,237 | 181,786 | 263.0 | 9% |
| 2020 | 767,509 | 467,630 | 299,879 | 260.3 | 11% |
| 2021 | 755,009 | 528,266 | 226,743 | 292.3 | 10% |
| 2022 | 663,271 | 540,850 | 122,421 | 252.0 | 10% |
| 2023 | 691,317 | 597,270 | 94,047 | 242.3 | 10% |
In its most recent public year (2023), this organization brought in $94,047 more than it spent. Its reserves stood at about 242.3 months of spending, down from 313 in 2011. Staff pay was 10% of spending. $699,472 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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