Port Arthur Higher Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 765,883 | 552,109 | 213,774 | 78.6 | 1% |
| 2012 | 943,954 | 621,072 | 322,882 | 76.6 | 1% |
| 2013 | 582,386 | 515,547 | 66,839 | 96.6 | 2% |
| 2014 | 808,142 | 560,824 | 247,318 | 95.8 | 2% |
| 2015 | 642,534 | 483,048 | 159,486 | 111.3 | 2% |
| 2016 | 341,609 | 420,205 | −78,596 | 137.4 | 3% |
| 2017 | 576,800 | 393,211 | 183,589 | 158.0 | 3% |
| 2018 | 669,169 | 446,339 | 222,830 | 132.9 | 3% |
| 2019 | 749,093 | 333,217 | 415,876 | 208.4 | 4% |
| 2020 | 338,085 | 307,832 | 30,253 | 263.7 | 5% |
| 2021 | 1,250,972 | 437,951 | 813,021 | 217.2 | 4% |
| 2022 | 589,567 | 372,734 | 216,833 | 252.1 | 4% |
| 2023 | 297,755 | 341,106 | −43,351 | 282.5 | 6% |
In its most recent public year (2023), this organization spent $43,351 more than it brought in. Its reserves stood at about 282.5 months of spending, up from 78.6 in 2011. Staff pay was 6% of spending. $6,936,919 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
Port Arthur Higher Education Foundation Inc'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