Albemarle Educational Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,033,605 | 1,051,058 | −17,453 | 3.5 | 69% |
| 2012 | 953,796 | 959,483 | −5,687 | 3.8 | 69% |
| 2013 | 851,954 | 893,721 | −41,767 | 3.5 | 69% |
| 2014 | 874,007 | 873,646 | 361 | 3.6 | 69% |
| 2015 | 915,246 | 871,262 | 43,984 | 4.2 | 66% |
| 2016 | 976,558 | 933,466 | 43,092 | 4.5 | 67% |
| 2017 | 1,110,376 | 1,049,106 | 61,270 | 4.7 | 67% |
| 2018 | 1,296,852 | 1,132,592 | 164,260 | 6.1 | 68% |
| 2019 | 1,390,981 | 1,290,119 | 100,862 | 6.3 | 67% |
| 2020 | 1,384,693 | 1,302,336 | 82,357 | 7.0 | 65% |
| 2021 | 1,310,080 | 1,329,083 | −19,003 | 6.7 | 68% |
| 2022 | 1,741,688 | 1,525,652 | 216,036 | 7.5 | 66% |
| 2023 | 1,718,752 | 1,633,263 | 85,489 | 7.6 | 63% |
| 2024 | 1,833,644 | 1,729,742 | 103,902 | 7.9 | 63% |
In its most recent public year (2024), this organization brought in $103,902 more than it spent. Its reserves stood at about 7.9 months of spending, up from 3.5 in 2011. Staff pay was 63% 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
Albemarle Educational Foundation Inc'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