Education Finance Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,562,907 | 1,718,931 | −156,024 | 8.6 | 52% |
| 2011 | 1,487,454 | 1,383,672 | 103,782 | 11.6 | 49% |
| 2012 | 1,483,944 | 1,503,419 | −19,475 | 10.5 | 47% |
| 2013 | 1,453,575 | 1,500,914 | −47,339 | 10.1 | 50% |
| 2014 | 1,409,014 | 1,355,776 | 53,238 | 11.7 | 37% |
| 2015 | 1,180,494 | 1,300,162 | −119,668 | 11.1 | 40% |
| 2016 | 1,272,521 | 1,503,667 | −231,146 | 7.8 | 45% |
| 2017 | 1,299,338 | 1,376,370 | −77,032 | 7.8 | 45% |
| 2018 | 1,454,298 | 1,350,835 | 103,463 | 8.9 | 51% |
| 2019 | 1,507,264 | 1,402,126 | 105,138 | 9.4 | 50% |
| 2020 | 1,257,367 | 1,227,000 | 30,367 | 11.1 | 56% |
| 2021 | 1,352,672 | 1,162,881 | 189,791 | 13.7 | 53% |
| 2022 | 1,314,578 | 1,248,081 | 66,497 | 13.4 | 50% |
| 2023 | 1,338,609 | 1,314,578 | 24,031 | 12.9 | 49% |
In its most recent public year (2023), this organization brought in $24,031 more than it spent. Its reserves stood at about 12.9 months of spending, up from 8.6 in 2010. Staff pay was 49% of spending. $4,048 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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