North Carolina Central University Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,142,701 | 3,473,480 | 669,221 | 40.6 | 3% |
| 2012 | 2,480,819 | 2,256,399 | 224,420 | 61.0 | 6% |
| 2013 | 2,435,381 | 1,414,634 | 1,020,747 | 106.6 | 17% |
| 2014 | 6,144,963 | 2,703,239 | 3,441,724 | 77.2 | 10% |
| 2015 | 4,645,679 | 3,705,840 | 939,839 | 57.3 | 7% |
| 2016 | 4,961,397 | 4,073,922 | 887,475 | 53.1 | 7% |
| 2017 | 3,924,207 | 3,136,722 | 787,485 | 74.4 | 10% |
| 2018 | 6,546,643 | 3,013,277 | 3,533,366 | 91.8 | 8% |
| 2019 | 8,144,128 | 6,918,976 | 1,225,152 | 42.0 | 5% |
| 2020 | 4,681,403 | 3,798,726 | 882,677 | 78.1 | 9% |
| 2021 | 16,189,044 | 6,016,238 | 10,172,806 | 75.3 | 8% |
| 2022 | 14,481,388 | 5,949,139 | 8,532,249 | 82.4 | 8% |
| 2023 | 20,090,272 | 13,680,130 | 6,410,142 | 42.9 | 5% |
In its most recent public year (2023), this organization brought in $6,410,142 more than it spent. Its reserves stood at about 42.9 months of spending, up from 40.6 in 2011. Staff pay was 5% of spending. $46,589,141 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
North Carolina Central University 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