Education And Research Consortium Of Western North Carolina
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,647,075 | 1,574,048 | 1,073,027 | 22.0 | 28% |
| 2012 | 6,536,272 | 1,475,449 | 5,060,823 | 80.2 | 40% |
| 2013 | 6,254,893 | 2,095,986 | 4,158,907 | 80.3 | 35% |
| 2014 | 2,381,180 | 3,016,930 | −635,750 | 53.2 | 27% |
| 2015 | 3,299,628 | 3,356,172 | −56,544 | 47.7 | 25% |
| 2016 | 4,122,441 | 3,459,545 | 662,896 | 48.5 | 27% |
| 2017 | 3,476,321 | 3,773,616 | −297,295 | 43.5 | 26% |
| 2018 | 5,320,280 | 4,997,049 | 323,231 | 34.0 | 21% |
| 2019 | 6,177,842 | 5,561,592 | 616,250 | 31.9 | 21% |
| 2020 | 7,143,878 | 5,110,000 | 2,033,878 | 39.5 | 21% |
| 2021 | 466,117 | 4,629,088 | −4,162,971 | 32.8 | 18% |
| 2022 | 4,655,844 | 1,856,350 | 2,799,494 | 93.3 | 12% |
In its most recent public year (2022), this organization brought in $2,799,494 more than it spent. Its reserves stood at about 93.3 months of spending, up from 22 in 2011. Staff pay was 12% 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 2022. 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
Education And Research Consortium Of Western North Carolina's IRS filings as a feed — one entry per filing year, through 2022. 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