Drexel Foundation For Educational Excellence Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 14,911,238 | 15,459,580 | −548,342 | 3.6 | 44% |
| 2012 | 13,023,499 | 15,176,865 | −2,153,366 | 2.1 | 46% |
| 2013 | 12,338,204 | 13,353,307 | −1,015,103 | 2.1 | 47% |
| 2014 | 13,593,646 | 13,937,749 | −344,103 | 1.8 | 46% |
| 2015 | 12,398,058 | 13,524,524 | −1,126,466 | 0.9 | 44% |
| 2016 | 12,190,085 | 12,425,693 | −235,608 | 0.7 | 45% |
| 2017 | 11,745,111 | 11,646,751 | 98,360 | 0.9 | 38% |
| 2018 | 12,114,732 | 13,109,928 | −995,196 | -0.1 | 40% |
| 2019 | 11,352,004 | 11,859,052 | −507,048 | -1.2 | 5% |
| 2020 | 12,035,060 | 11,674,437 | 360,623 | -0.8 | 5% |
| 2021 | 10,326,852 | 8,667,775 | 1,659,077 | 1.2 | 5% |
| 2022 | 12,462,506 | 10,867,538 | 1,594,968 | 2.7 | 1% |
| 2023 | 15,899,006 | 12,946,672 | 2,952,334 | 5.0 | 31% |
In its most recent public year (2023), this organization brought in $2,952,334 more than it spent. Its reserves stood at about 5 months of spending, up from 3.6 in 2011. Staff pay was 31% 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
Drexel Foundation For Educational Excellence 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