Towers Of Excellence
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 80,323 | 80,796 | −473 | 0.6 | — |
| 2018 | 99,058 | 99,373 | −315 | 0.4 | — |
| 2019 | 153,617 | 122,874 | 30,743 | 3.3 | — |
| 2020 | 182,436 | 170,425 | 12,011 | 1.7 | — |
| 2021 | 193,579 | 198,739 | −5,160 | 1.2 | 34% |
| 2022 | 163,741 | 175,806 | −12,065 | 0.5 | 28% |
| 2023 | 185,291 | 187,084 | −1,793 | 0.4 | 40% |
In its most recent public year (2023), this organization spent $1,793 more than it brought in. Its reserves stood at about 0.4 months of spending. Staff pay was 40% 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
Towers Of Excellence'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