Foundation For Continuing Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 62,974 | 48,582 | 14,392 | 128.4 | 0% |
| 2020 | 84,689 | 35,037 | 49,652 | 195.0 | 0% |
| 2021 | 242,195 | 22,728 | 219,467 | 416.5 | 0% |
| 2022 | −18,933 | 27,735 | −46,668 | 321.1 | 0% |
| 2023 | 58,213 | 46,398 | 11,815 | 195.0 | 0% |
In its most recent public year (2023), this organization brought in $11,815 more than it spent. Its reserves stood at about 195 months of spending, up from 128.4 in 2019. Staff pay was 0% 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
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