Western North Carolina Regional Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 236,230 | 245,783 | −9,553 | 3.7 | 0% |
| 2012 | 107,021 | 155,246 | −48,225 | 2.1 | 0% |
| 2013 | 251,223 | 153,911 | 97,312 | 9.7 | 0% |
| 2014 | 713,109 | 720,254 | −7,145 | 2.0 | 0% |
| 2015 | 94,971 | 141,984 | −47,013 | 5.9 | — |
| 2016 | 89,600 | 98,751 | −9,151 | 7.4 | — |
| 2017 | 1,108,027 | 844,658 | 263,369 | 4.6 | 43% |
| 2018 | 1,365,124 | 942,141 | 422,983 | 10.7 | 37% |
| 2019 | 1,055,100 | 969,751 | 85,349 | 11.2 | 33% |
| 2020 | 1,061,927 | 972,415 | 89,512 | 12.3 | 29% |
| 2021 | 1,866,290 | 1,531,250 | 335,040 | 10.4 | 20% |
| 2022 | 1,548,410 | 1,337,596 | 210,814 | 13.9 | 28% |
| 2023 | 1,297,640 | 1,377,032 | −79,392 | 12.8 | 23% |
In its most recent public year (2023), this organization spent $79,392 more than it brought in. Its reserves stood at about 12.8 months of spending, up from 3.7 in 2011. Staff pay was 23% of spending. $234,307 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
Western North Carolina Regional 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