Passage To Excellence Corpoation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 53,561 | 52,660 | 901 | 1.5 | — |
| 2012 | 79,002 | 74,632 | 4,370 | 1.8 | — |
| 2013 | 78,145 | 86,059 | −7,914 | 0.3 | — |
| 2014 | 104,524 | 101,780 | 2,744 | 0.6 | — |
| 2015 | 93,470 | 94,672 | −1,202 | 0.5 | — |
| 2016 | 66,147 | 63,236 | 2,911 | 1.3 | — |
| 2018 | 22,605 | 20,591 | 2,014 | 1.3 | — |
| 2020 | 9,305 | 3,729 | 5,576 | 41.3 | — |
| 2021 | 2,948 | 3,753 | −805 | 38.4 | — |
In its most recent public year (2021), this organization spent $805 more than it brought in. Its reserves stood at about 38.4 months of spending, up from 1.5 in 2011.
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 2021. 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
Passage To Excellence Corpoation's IRS filings as a feed — one entry per filing year, through 2021. 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