Insurance Council Of Texas Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 90,087 | 89,477 | 610 | 8.9 | — |
| 2012 | 80,669 | 100,500 | −19,831 | 5.6 | — |
| 2013 | 95,626 | 91,550 | 4,076 | 6.6 | — |
| 2014 | 99,880 | 92,598 | 7,282 | 7.5 | — |
| 2015 | 107,215 | 88,250 | 18,965 | 10.5 | — |
| 2016 | 112,749 | 104,500 | 8,249 | 9.8 | — |
| 2017 | 117,770 | 103,495 | 14,275 | 11.5 | — |
| 2018 | 125,075 | 107,690 | 17,385 | 13.0 | — |
| 2019 | 125,874 | 119,538 | 6,336 | 12.4 | — |
| 2020 | 97,460 | 115,115 | −17,655 | 11.0 | — |
| 2021 | 114,105 | 86,999 | 27,106 | 18.3 | — |
| 2022 | 139,612 | 82,733 | 56,879 | 27.5 | — |
| 2023 | 117,847 | 138,642 | −20,795 | 14.6 | — |
In its most recent public year (2023), this organization spent $20,795 more than it brought in. Its reserves stood at about 14.6 months of spending, up from 8.9 in 2011.
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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