North Carolina Business Committee For Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,272,304 | 969,406 | 1,302,898 | 23.3 | 0% |
| 2021 | 1,472,737 | 2,375,417 | −902,680 | 3.3 | 0% |
| 2022 | 899,416 | 1,065,725 | −166,309 | 5.6 | 0% |
| 2023 | 4,326,800 | 2,765,049 | 1,561,751 | 8.9 | 0% |
In its most recent public year (2023), this organization brought in $1,561,751 more than it spent. Its reserves stood at about 8.9 months of spending, down from 23.3 in 2020. Staff pay was 0% of spending. $1,956,317 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
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