Crossnore School Childrens Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 3,868,574 | 124,935 | 3,743,639 | 2505.4 | 0% |
| 2014 | 2,022,690 | 279,001 | 1,743,689 | 1196.9 | 0% |
| 2015 | −926,683 | 1,080,694 | −2,007,377 | 286.7 | 0% |
| 2016 | 3,578,944 | 256,197 | 3,322,747 | 1365.1 | 0% |
| 2017 | 7,619,992 | 130,985 | 7,489,007 | 3356.1 | 0% |
| 2018 | 2,943,711 | 138,889 | 2,804,822 | 3178.3 | 0% |
| 2019 | 2,557,017 | 2,377,314 | 179,703 | 186.6 | 0% |
| 2020 | 4,096,023 | 1,360,005 | 2,736,018 | 387.1 | 0% |
| 2021 | 6,567,708 | 1,337,288 | 5,230,420 | 424.6 | 0% |
| 2022 | 0 | 10,492,091 | −10,492,091 | 42.9 | 0% |
| 2023 | 4,510,488 | 6,022,832 | −1,512,344 | 71.8 | 0% |
In its most recent public year (2023), this organization spent $1,512,344 more than it brought in. Its reserves stood at about 71.8 months of spending, down from 2505.4 in 2013. Staff pay was 0% of spending. $12,308,813 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
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