Phi Theta Kappa Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,372,545 | 2,864,848 | 507,697 | 56.8 | 17% |
| 2021 | 3,990,194 | 4,212,207 | −222,013 | 40.8 | 10% |
| 2022 | 2,585,211 | 2,444,077 | 141,134 | 59.2 | 14% |
| 2023 | 2,550,993 | 2,077,310 | 473,683 | 79.3 | 23% |
In its most recent public year (2023), this organization brought in $473,683 more than it spent. Its reserves stood at about 79.3 months of spending, up from 56.8 in 2020. Staff pay was 23% of spending. $9,868,751 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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