North Carolina Charter Educational Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 9,751,352 | 10,577,883 | −826,531 | -0.9 | 39% |
| 2015 | 13,712,549 | 14,915,183 | −1,202,634 | -1.6 | 37% |
| 2016 | 17,419,023 | 17,918,919 | −499,896 | -1.7 | 37% |
| 2017 | 30,999,736 | 37,239,754 | −6,240,018 | -2.8 | 35% |
| 2018 | 35,072,720 | 36,857,912 | −1,785,192 | -3.4 | 43% |
| 2019 | 35,885,724 | 36,969,160 | −1,083,436 | -4.5 | 41% |
| 2020 | 35,899,643 | 36,599,033 | −699,390 | -4.8 | 41% |
| 2021 | 35,029,413 | 36,327,741 | −1,298,328 | -5.3 | 42% |
| 2022 | 37,909,289 | 37,781,737 | 127,552 | -5.0 | 43% |
| 2023 | 40,248,421 | 39,971,514 | 276,907 | -4.8 | 41% |
In its most recent public year (2023), this organization brought in $276,907 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-4.8 months), down from -0.9 in 2014. Staff pay was 41% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works