Wake Education Partnership
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 661,258 | 697,247 | −35,989 | 3.7 | 58% |
| 2012 | 683,542 | 747,307 | −63,765 | 2.2 | 55% |
| 2013 | 724,652 | 739,060 | −14,408 | 2.1 | 57% |
| 2014 | 672,763 | 647,516 | 25,247 | 2.9 | 58% |
| 2015 | 726,216 | 772,992 | −46,776 | 1.8 | 51% |
| 2016 | 671,059 | 676,443 | −5,384 | 2.0 | 52% |
| 2017 | 3,063,785 | 644,093 | 2,419,692 | 47.9 | 54% |
| 2018 | 755,999 | 743,219 | 12,780 | 42.5 | 40% |
| 2019 | 626,765 | 812,009 | −185,244 | 37.2 | 43% |
| 2020 | 538,962 | 716,483 | −177,521 | 43.0 | 42% |
| 2021 | 537,630 | 658,404 | −120,774 | 59.7 | 41% |
| 2022 | 589,411 | 849,415 | −260,004 | 42.6 | 27% |
| 2023 | 1,248,871 | 1,334,673 | −85,802 | 26.4 | 32% |
In its most recent public year (2023), this organization spent $85,802 more than it brought in. Its reserves stood at about 26.4 months of spending, up from 3.7 in 2011. Staff pay was 32% of spending. $3,113,462 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
Wake Education Partnership'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