Halifax County Public Schools Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 297,971 | 94,414 | 203,557 | 56.6 | 6% |
| 2022 | 321,196 | 349,638 | −28,442 | 14.3 | 3% |
| 2023 | 327,501 | 233,360 | 94,141 | 26.3 | 14% |
| 2024 | 107,575 | 330,358 | −222,783 | 10.5 | 10% |
In its most recent public year (2024), this organization spent $222,783 more than it brought in. Its reserves stood at about 10.5 months of spending, down from 56.6 in 2021. Staff pay was 10% 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 2024. 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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