Galax Foundation For Excellence In Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 123,074 | 85,314 | 37,760 | 256.1 | 17% |
| 2012 | 120,244 | 80,004 | 40,240 | 279.1 | 0% |
| 2013 | 437,299 | 90,539 | 346,760 | 292.6 | 0% |
| 2014 | 341,848 | 110,435 | 231,413 | 265.0 | 0% |
| 2015 | 182,475 | 103,104 | 79,371 | 293.1 | 0% |
| 2016 | 108,303 | 106,255 | 2,048 | 284.6 | 0% |
| 2017 | 195,368 | 111,550 | 83,818 | 280.1 | 0% |
| 2018 | 265,131 | 118,969 | 146,162 | 277.4 | 0% |
| 2019 | 207,343 | 111,015 | 96,328 | 344.6 | 0% |
| 2020 | 145,130 | 81,287 | 63,843 | 467.8 | 0% |
| 2021 | 237,603 | 143,551 | 94,052 | 328.5 | 0% |
| 2022 | 406,992 | 151,708 | 255,284 | 281.3 | 0% |
| 2023 | 539,072 | 162,829 | 376,243 | 285.3 | 0% |
| 2024 | 271,500 | 159,893 | 111,607 | 329.1 | 0% |
In its most recent public year (2024), this organization brought in $111,607 more than it spent. Its reserves stood at about 329.1 months of spending, up from 256.1 in 2011. Staff pay was 0% of spending. $2,786,035 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 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
Galax Foundation For Excellence In Education's IRS filings as a feed — one entry per filing year, through 2024. 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