Development Foundation Of The North Carolina Center For The Advancemen
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 913,536 | 359,046 | 554,490 | 58.7 | 0% |
| 2012 | 513,212 | 758,504 | −245,292 | 23.9 | 0% |
| 2013 | 460,524 | 497,983 | −37,459 | 35.5 | 0% |
| 2014 | 402,413 | 304,054 | 98,359 | 63.3 | 0% |
| 2015 | 270,384 | 214,671 | 55,713 | 87.9 | 0% |
| 2016 | 156,741 | 181,486 | −24,745 | 103.4 | 0% |
| 2017 | 297,893 | 221,521 | 76,372 | 91.6 | 0% |
| 2018 | 228,654 | 211,768 | 16,886 | 97.5 | 0% |
| 2019 | 302,522 | 147,713 | 154,809 | 157.4 | 0% |
| 2020 | 457,439 | 342,518 | 114,921 | 67.8 | 0% |
| 2021 | 339,490 | 253,003 | 86,487 | 116.2 | 0% |
| 2022 | 475,731 | 153,955 | 321,776 | 186.8 | 0% |
| 2023 | 492,427 | 310,230 | 182,197 | 98.9 | 0% |
In its most recent public year (2023), this organization brought in $182,197 more than it spent. Its reserves stood at about 98.9 months of spending, up from 58.7 in 2011. Staff pay was 0% of spending. $2,314,863 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
Development Foundation Of The North Carolina Center For The Advancemen'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