Portico Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 3,449,504 | 2,677,006 | 772,498 | 3.6 | 55% |
| 2018 | 5,061,503 | 4,683,787 | 377,716 | 3.0 | 57% |
| 2019 | 5,438,504 | 4,628,346 | 810,158 | 5.2 | 63% |
| 2020 | 5,002,682 | 5,018,975 | −16,293 | 4.7 | 65% |
| 2021 | 5,783,858 | 5,782,955 | 903 | 4.1 | 64% |
| 2022 | 6,494,366 | 6,525,642 | −31,276 | 3.6 | 64% |
| 2023 | 6,300,111 | 6,363,459 | −63,348 | 3.3 | 62% |
In its most recent public year (2023), this organization spent $63,348 more than it brought in. Its reserves stood at about 3.3 months of spending. Staff pay was 62% 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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