First School Financial Aid Trust Honoring The Memory Of C Markman
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 63,304 | 39,486 | 23,818 | 85.2 | — |
| 2021 | 131,848 | 145,537 | −13,689 | 22.0 | — |
| 2022 | 151,729 | 153,932 | −2,203 | 20.6 | — |
| 2023 | 161,649 | 88,392 | 73,257 | 45.8 | — |
In its most recent public year (2023), this organization brought in $73,257 more than it spent. Its reserves stood at about 45.8 months of spending, down from 85.2 in 2020.
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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