Endowment Fund Of The Public Schools Of Mcdowell County North C
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 120,675 | 29,296 | 91,379 | 262.8 | 0% |
| 2012 | 43,789 | 68,141 | −24,352 | 108.7 | 0% |
| 2013 | 55,550 | 63,705 | −8,155 | 114.7 | 0% |
| 2014 | 86,280 | 35,082 | 51,198 | 225.8 | 0% |
| 2015 | 25,806 | 35,809 | −10,003 | 217.9 | 0% |
| 2016 | 25,559 | 39,640 | −14,081 | 185.8 | 0% |
| 2017 | 48,507 | 575,041 | −526,534 | 1.8 | 0% |
| 2018 | 40,891 | 30,114 | 10,777 | 39.1 | 0% |
| 2019 | 43,185 | 31,456 | 11,729 | 41.9 | 0% |
| 2020 | 40,011 | 58,567 | −18,556 | 18.7 | 0% |
| 2021 | 38,974 | 29,953 | 9,021 | 40.2 | 0% |
| 2022 | 17,423 | 24,067 | −6,644 | 46.7 | 0% |
| 2023 | 17,269 | 23,172 | −5,903 | 45.4 | 0% |
In its most recent public year (2023), this organization spent $5,903 more than it brought in. Its reserves stood at about 45.4 months of spending, down from 262.8 in 2011. Staff pay was 0% 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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