Partners For Educational Freedom In North Carolina
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 327,566 | 376,263 | −48,697 | 0.8 | 6% |
| 2021 | 361,478 | 183,015 | 178,463 | 13.3 | 13% |
| 2022 | 225,003 | 410,465 | −185,462 | 0.5 | 6% |
| 2023 | 145,000 | 156,438 | −11,438 | 0.4 | — |
In its most recent public year (2023), this organization spent $11,438 more than it brought in. Its reserves stood at about 0.4 months 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
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