Foundation For Excellence In Higher Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2023 | 7,899,396 | 10,284,802 | −2,385,406 | 7.8 | 0% |
In its most recent public year (2023), this organization spent $2,385,406 more than it brought in. Its reserves stood at about 7.8 months of spending. Staff pay was 0% of spending. $10,760,039 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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