Phillips Fundamental Learning Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 696,212 | 703,811 | −7,599 | 2.0 | 41% |
| 2012 | 812,166 | 783,371 | 28,795 | 4.8 | 44% |
| 2013 | 705,201 | 698,410 | 6,791 | 5.5 | 47% |
| 2014 | 610,111 | 660,716 | −50,605 | 4.9 | 48% |
| 2015 | 1,054,557 | 786,338 | 268,219 | 8.3 | 49% |
| 2016 | 1,012,699 | 1,038,515 | −25,816 | 11.7 | 44% |
| 2017 | 1,374,323 | 1,293,842 | 80,481 | 10.2 | 47% |
| 2018 | 1,315,767 | 1,338,944 | −23,177 | 9.6 | 49% |
| 2019 | 1,586,950 | 1,450,505 | 136,445 | 10.0 | 50% |
| 2020 | 827,643 | 714,472 | 113,171 | 22.2 | 53% |
| 2021 | 1,514,105 | 1,592,895 | −78,790 | 9.4 | 48% |
| 2022 | 2,705,751 | 1,645,583 | 1,060,168 | 16.8 | 53% |
| 2023 | 15,046,061 | 1,833,121 | 13,212,940 | 101.6 | 50% |
In its most recent public year (2023), this organization brought in $13,212,940 more than it spent. Its reserves stood at about 101.6 months of spending, up from 2 in 2011. Staff pay was 50% of spending. $470,334 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
Phillips Fundamental Learning Center Inc'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