Foundation For Teaching Economics
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,105,224 | 3,421,069 | 2,684,155 | 27.2 | 24% |
| 2012 | 1,374,907 | 3,207,027 | −1,832,120 | 23.1 | 24% |
| 2013 | 3,241,721 | 8,494,059 | −5,252,338 | 1.3 | 9% |
| 2014 | 3,126,562 | 2,657,271 | 469,291 | 6.4 | 20% |
| 2015 | 2,597,932 | 2,289,550 | 308,382 | 9.1 | 43% |
| 2016 | 2,791,457 | 2,553,067 | 238,390 | 9.3 | 40% |
| 2017 | 2,603,297 | 2,633,140 | −29,843 | 8.9 | 39% |
| 2018 | 2,228,468 | 2,710,075 | −481,607 | 6.5 | 40% |
| 2019 | 229,104 | 1,509,596 | −1,280,492 | 1.5 | 0% |
| 2020 | 252,428 | 394,898 | −142,470 | 1.3 | 0% |
| 2021 | 29,310 | 50,275 | −20,965 | 5.5 | 0% |
| 2022 | 145,824 | 154,443 | −8,619 | 1.1 | 0% |
| 2023 | 87,200 | 94,492 | −7,292 | 0.9 | — |
In its most recent public year (2023), this organization spent $7,292 more than it brought in. Its reserves stood at about 0.9 months of spending, down from 27.2 in 2011.
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
Foundation For Teaching Economics'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