The Abilene Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 818,080 | 614,087 | 203,993 | 12.7 | 11% |
| 2011 | 296,943 | 339,893 | −42,950 | 21.4 | 24% |
| 2012 | 1,338,675 | 477,255 | 861,420 | 36.9 | 22% |
| 2013 | 756,641 | 596,806 | 159,835 | 32.7 | 17% |
| 2014 | 387,353 | 594,746 | −207,393 | 28.6 | 17% |
| 2015 | 232,681 | 349,570 | −116,889 | 44.7 | 15% |
| 2016 | 388,677 | 607,909 | −219,232 | 21.4 | 18% |
| 2017 | 1,103,965 | 577,048 | 526,917 | 33.5 | 19% |
| 2018 | 390,391 | 566,852 | −176,461 | 30.5 | 0% |
| 2019 | 395,336 | 640,061 | −244,725 | 22.4 | 17% |
| 2020 | 1,009,255 | 637,267 | 371,988 | 30.2 | 17% |
| 2021 | 531,469 | 597,905 | −66,436 | 30.6 | 18% |
| 2022 | 378,069 | 649,527 | −271,458 | 23.2 | 21% |
| 2023 | 839,974 | 702,456 | 137,518 | 24.2 | 19% |
In its most recent public year (2023), this organization brought in $137,518 more than it spent. Its reserves stood at about 24.2 months of spending, up from 12.7 in 2010. Staff pay was 19% of spending. $1,303,538 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
The Abilene 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