Utec Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,180,278 | 1,937,293 | 242,985 | 18.0 | 61% |
| 2012 | 5,951,147 | 2,113,252 | 3,837,895 | 38.3 | 64% |
| 2013 | 4,060,350 | 3,131,833 | 928,517 | 29.4 | 50% |
| 2014 | 4,508,066 | 3,829,121 | 678,945 | 26.3 | 57% |
| 2015 | 3,456,860 | 4,458,309 | −1,001,449 | 19.9 | 54% |
| 2016 | 5,077,773 | 4,991,188 | 86,585 | 18.0 | 59% |
| 2017 | 6,648,651 | 5,715,669 | 932,982 | 19.6 | 53% |
| 2018 | 7,068,202 | 6,191,967 | 876,235 | 19.8 | 57% |
| 2019 | 8,233,519 | 6,825,639 | 1,407,880 | 9.3 | 57% |
| 2020 | 10,752,194 | 7,460,283 | 3,291,911 | 13.8 | 56% |
| 2021 | 14,604,530 | 8,563,429 | 6,041,101 | 20.5 | 54% |
| 2022 | 16,132,892 | 10,972,630 | 5,160,262 | 19.8 | 47% |
| 2023 | 17,303,734 | 12,763,895 | 4,539,839 | 27.7 | 52% |
In its most recent public year (2023), this organization brought in $4,539,839 more than it spent. Its reserves stood at about 27.7 months of spending, up from 18 in 2011. Staff pay was 52% of spending. $2,835,785 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
Utec 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