The Eye Centers Of Tennessee Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 57,225 | 57,381 | −156 | 1.0 | — |
| 2021 | 62,319 | 59,296 | 3,023 | 1.5 | — |
| 2022 | 62,400 | 62,091 | 309 | 1.5 | — |
| 2023 | 55,500 | 48,990 | 6,510 | 3.5 | — |
In its most recent public year (2023), this organization brought in $6,510 more than it spent. Its reserves stood at about 3.5 months of spending, up from 1 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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