Brazos Education Lending Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 26,420 | 99,576 | −73,156 | -8.8 | 0% |
| 2019 | 492,933 | 553,297 | −60,364 | -2.9 | 0% |
| 2020 | 1,265,151 | 1,279,410 | −14,259 | -1.4 | 0% |
| 2021 | 866,006 | 705,929 | 160,077 | 0.2 | 0% |
| 2022 | 709,354 | 710,625 | −1,271 | 0.2 | 0% |
| 2023 | 757,340 | 1,211,418 | −454,078 | -4.4 | 0% |
In its most recent public year (2023), this organization spent $454,078 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.4 months), up from -8.8 in 2018. 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
Brazos Education Lending Corporation'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