Henrico Education Foundation Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 262,232 | 256,526 | 5,706 | 29.8 | 24% |
| 2012 | 323,184 | 301,381 | 21,803 | 25.7 | 0% |
| 2013 | 364,136 | 420,698 | −56,562 | 17.0 | 0% |
| 2014 | 346,965 | 393,974 | −47,009 | 18.0 | 19% |
| 2015 | 338,863 | 396,413 | −57,550 | 15.7 | 36% |
| 2016 | 381,648 | 399,047 | −17,399 | 14.7 | 42% |
| 2017 | 696,463 | 758,029 | −61,566 | 7.1 | 23% |
| 2018 | 1,755,388 | 1,538,480 | 216,908 | 5.2 | 12% |
| 2019 | 1,503,798 | 1,544,781 | −40,983 | 4.5 | 9% |
| 2020 | 2,938,287 | 2,814,241 | 124,046 | 2.9 | 23% |
| 2021 | 5,313,927 | 4,718,115 | 595,812 | 3.4 | 31% |
| 2022 | 10,032,205 | 8,531,271 | 1,500,934 | 4.3 | 22% |
| 2023 | 9,901,546 | 9,674,229 | 227,317 | 2.7 | 26% |
In its most recent public year (2023), this organization brought in $227,317 more than it spent. Its reserves stood at about 2.7 months of spending, down from 29.8 in 2011. Staff pay was 26% of spending. $1,287,518 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
Henrico Education Foundation Incorporated'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