Foundation For Excellence Ineducation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 12,913,883 | 8,082,585 | 4,831,298 | 24.1 | 65% |
| 2021 | 8,286,056 | 9,037,387 | −751,331 | 20.1 | 60% |
| 2022 | 21,897,954 | 9,570,691 | 12,327,263 | 31.5 | 59% |
| 2023 | 10,861,790 | 11,290,963 | −429,173 | 27.4 | 55% |
In its most recent public year (2023), this organization spent $429,173 more than it brought in. Its reserves stood at about 27.4 months of spending, up from 24.1 in 2020. Staff pay was 55% of spending. $7,579,709 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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