Wake Technical Community College Foundation Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $4,575,609 | $2,144,183 | $2,431,426 | 112.4 | 3% |
| 2021 | $5,200,249 | $1,810,528 | $3,389,721 | 170.6 | 7% |
| 2022 | $5,743,743 | $2,826,779 | $2,916,964 | 105.2 | 9% |
| 2023 | $4,659,073 | $3,281,389 | $1,377,684 | 101.5 | 12% |
In its most recent public year (2023), this organization brought in $1,377,684 more than it spent. Its reserves stood at about 101.5 months of spending, down from 112.4 in 2020. Staff pay was 12% of spending. $21,929,314 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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