Postsecondary Electronic Standards Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 285,923 | 393,592 | −107,669 | -4.7 | 58% |
| 2022 | 392,636 | 365,968 | 26,668 | -4.2 | 66% |
| 2023 | 313,346 | 368,708 | −55,362 | -5.9 | 65% |
| 2024 | 263,567 | 216,528 | 47,039 | -7.5 | 43% |
In its most recent public year (2024), this organization brought in $47,039 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-7.5 months), down from -4.7 in 2021. Staff pay was 43% 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 2024. 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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