Panhandle-Plains Higher Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 49,422,769 | 46,195,892 | 3,226,877 | 27.0 | 0% |
| 2012 | 41,839,675 | 42,660,740 | −821,065 | 29.0 | 0% |
| 2013 | 31,995,986 | 31,949,321 | 46,665 | 38.7 | 0% |
| 2014 | 32,257,332 | 29,044,832 | 3,212,500 | 41.0 | 0% |
| 2015 | 34,309,690 | 31,871,938 | 2,437,752 | 38.3 | 0% |
| 2016 | 35,075,221 | 31,127,805 | 3,947,416 | 40.8 | 0% |
| 2017 | 35,021,668 | 31,999,734 | 3,021,934 | 40.8 | 0% |
| 2018 | 43,245,344 | 40,672,050 | 2,573,294 | 32.8 | 0% |
| 2019 | 37,843,785 | 36,164,523 | 1,679,262 | 37.5 | 0% |
| 2020 | 3,466,336 | 909,368 | 2,556,968 | 2117.5 | 44% |
| 2021 | 13,006,465 | 3,910,137 | 9,096,328 | 557.0 | 33% |
| 2022 | 4,976,997 | 5,135,823 | −158,826 | 357.9 | 26% |
| 2023 | 6,170,024 | 6,217,491 | −47,467 | 320.1 | 22% |
In its most recent public year (2023), this organization spent $47,467 more than it brought in. Its reserves stood at about 320.1 months of spending, up from 27 in 2011. Staff pay was 22% 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
Panhandle-Plains Higher Education Foundation'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