Texas Community College Education Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 201,738 | 186,416 | 15,322 | 18.8 | 24% |
| 2012 | 197,602 | 212,163 | −14,561 | 15.8 | 10% |
| 2013 | 1,241,083 | 75,582 | 1,165,501 | 229.6 | 0% |
| 2014 | 208,195 | 590,582 | −382,387 | 21.6 | 0% |
| 2015 | 318,841 | 555,764 | −236,923 | 17.9 | 2% |
| 2016 | 2,921,416 | 2,140,046 | 781,370 | 9.0 | 9% |
| 2017 | 4,563,402 | 1,436,324 | 3,127,078 | 39.6 | 12% |
| 2018 | 1,560,870 | 1,910,659 | −349,789 | 27.5 | 31% |
| 2019 | 2,258,554 | 2,228,119 | 30,435 | 23.8 | 23% |
| 2020 | 3,047,196 | 1,684,816 | 1,362,380 | 41.1 | 29% |
| 2021 | 1,993,114 | 2,636,367 | −643,253 | 23.3 | 20% |
| 2022 | 2,001,960 | 3,630,497 | −1,628,537 | 11.6 | 22% |
| 2023 | 3,279,374 | 3,920,138 | −640,764 | 8.7 | 26% |
In its most recent public year (2023), this organization spent $640,764 more than it brought in. Its reserves stood at about 8.7 months of spending, down from 18.8 in 2011. Staff pay was 26% of spending. $2,313,855 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
Texas Community College Education Initiative'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