Polk County Higher Education & Technology Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 390,463 | 15,000 | 375,463 | 955.8 | 0% |
| 2012 | 652,340 | 0 | 652,340 | — | — |
| 2013 | 357,290 | 425,901 | −68,611 | 50.1 | 4% |
| 2014 | 423,649 | 1,745,362 | −1,321,713 | 3.1 | 2% |
| 2015 | 111,433 | 136,091 | −24,658 | 38.1 | — |
| 2016 | 68,473 | 161,913 | −93,440 | 25.1 | — |
| 2017 | 86,202 | 162,280 | −76,078 | 19.4 | — |
| 2018 | 115,393 | 160,158 | −44,765 | 16.3 | — |
| 2019 | 130,483 | 166,036 | −35,553 | 13.2 | — |
| 2020 | 88,455 | 143,556 | −55,101 | 10.6 | — |
| 2021 | 197,045 | 126,933 | 70,112 | 18.7 | — |
| 2022 | 253,161 | 194,938 | 58,223 | 15.7 | 24% |
| 2023 | 264,600 | 218,989 | 45,611 | 16.5 | 25% |
In its most recent public year (2023), this organization brought in $45,611 more than it spent. Its reserves stood at about 16.5 months of spending, down from 955.8 in 2011. Staff pay was 25% 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
Polk County Higher Education & Technology 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