Roanoke Higher Education Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 50,289 | 5,700 | 44,589 | 10022.1 | 0% |
| 2013 | 49,588 | 48,635 | 953 | 1174.8 | 0% |
| 2014 | 485 | 7,731 | −7,246 | 7379.4 | 0% |
| 2015 | 331,355 | 4,914,526 | −4,583,171 | 0.4 | 0% |
| 2016 | 710 | 5,075 | −4,365 | 394.1 | 0% |
| 2017 | 618 | 9,168 | −8,550 | 207.0 | 0% |
| 2018 | 867 | 6,016 | −5,149 | 305.1 | 0% |
| 2019 | 2,142 | 40,292 | −38,150 | 34.2 | 0% |
| 2020 | 27,696 | 23,864 | 3,832 | 59.7 | 0% |
| 2021 | 26,735 | 29,561 | −2,826 | 47.0 | 0% |
| 2022 | 166,049 | 29,965 | 136,084 | 100.9 | 0% |
| 2023 | 132,072 | 80,752 | 51,320 | 45.1 | 0% |
| 2024 | 167,439 | 167,832 | −393 | 21.7 | 0% |
In its most recent public year (2024), this organization spent $393 more than it brought in. Its reserves stood at about 21.7 months of spending, down from 10022.1 in 2012. Staff pay was 0% of spending. $162,380 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
Roanoke Higher Education Center Foundation'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