Robert & Janice Mcnair Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 101,462 | 850,875 | −749,413 | 220.8 | 27% |
| 2012 | 451,069 | 991,301 | −540,232 | 191.0 | 24% |
| 2013 | 2,690,764 | 1,201,803 | 1,488,961 | 189.4 | 27% |
| 2014 | 2,984,123 | 1,381,188 | 1,602,935 | 200.9 | 26% |
| 2015 | 3,007,435 | 1,519,486 | 1,487,949 | 192.8 | 31% |
| 2016 | 4,280,814 | 1,607,705 | 2,673,109 | 178.6 | 33% |
| 2017 | 3,269,661 | 1,958,281 | 1,311,380 | 167.5 | 25% |
| 2018 | 4,747,131 | 2,332,267 | 2,414,864 | 147.5 | 25% |
| 2019 | 4,693,262 | 2,504,912 | 2,188,350 | 151.1 | 26% |
| 2020 | 6,338,132 | 1,998,555 | 4,339,577 | 105.7 | 35% |
| 2021 | 23,785,468 | 2,157,124 | 21,628,344 | 228.6 | 32% |
| 2022 | 925,489 | 2,671,800 | −1,746,311 | 161.6 | 24% |
| 2023 | 2,099,644 | 3,068,345 | −968,701 | 146.8 | 39% |
In its most recent public year (2023), this organization spent $968,701 more than it brought in. Its reserves stood at about 146.8 months of spending, down from 220.8 in 2011. Staff pay was 39% 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 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
Robert & Janice Mcnair Educational Foundation'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