Hampton Roads Educational Telecommunications Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 20,016,870 | 15,688,172 | 4,328,698 | 13.7 | 34% |
| 2013 | 13,051,817 | 14,059,954 | −1,008,137 | 14.3 | 40% |
| 2014 | 13,759,725 | 14,347,207 | −587,482 | 13.8 | 39% |
| 2015 | 16,011,105 | 13,568,795 | 2,442,310 | 16.5 | 43% |
| 2016 | 12,865,084 | 14,247,155 | −1,382,071 | 14.0 | 41% |
| 2017 | 14,889,190 | 14,445,233 | 443,957 | 14.9 | 44% |
| 2018 | 13,346,087 | 13,951,110 | −605,023 | 14.2 | 42% |
| 2019 | 13,286,550 | 14,338,305 | −1,051,755 | 14.5 | 42% |
| 2020 | 20,539,888 | 14,837,488 | 5,702,400 | 18.9 | 43% |
| 2021 | 22,196,526 | 17,112,566 | 5,083,960 | 21.5 | 37% |
| 2022 | 13,882,168 | 14,771,322 | −889,154 | 22.9 | 47% |
| 2023 | 15,830,203 | 17,556,723 | −1,726,520 | 20.2 | 45% |
In its most recent public year (2023), this organization spent $1,726,520 more than it brought in. Its reserves stood at about 20.2 months of spending, up from 13.7 in 2012. Staff pay was 45% of spending. $8,097,352 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
Hampton Roads Educational Telecommunications Association Inc'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