Choose College Educationalfoundation Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 192,812 | 226,871 | −34,059 | 2.9 | — |
| 2017 | 265,183 | 213,574 | 51,609 | 5.9 | 12% |
| 2018 | 271,625 | 310,608 | −38,983 | 2.6 | 0% |
| 2020 | 432,375 | 446,912 | −14,537 | 1.3 | 33% |
| 2021 | 611,918 | 415,967 | 195,951 | 7.0 | 36% |
| 2022 | 902,692 | 793,012 | 109,680 | 5.3 | 30% |
| 2023 | 620,628 | 564,932 | 55,696 | 2.4 | 16% |
In its most recent public year (2023), this organization brought in $55,696 more than it spent. Its reserves stood at about 2.4 months of spending. Staff pay was 16% 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
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