Southern Regional Technical College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 286,788 | 290,400 | −3,612 | 83.9 | 0% |
| 2012 | 284,937 | 429,860 | −144,923 | 51.1 | 0% |
| 2013 | 314,438 | 542,239 | −227,801 | 35.5 | 0% |
| 2014 | 415,793 | 532,709 | −116,916 | 33.5 | 0% |
| 2015 | 211,576 | 256,183 | −44,607 | 67.5 | 0% |
| 2016 | 547,527 | 579,475 | −31,948 | 29.2 | 0% |
| 2017 | 589,479 | 484,147 | 105,332 | 37.6 | 0% |
| 2018 | 826,401 | 785,511 | 40,890 | 23.8 | 0% |
| 2019 | 686,391 | 781,013 | −94,622 | 22.5 | 0% |
| 2020 | 820,062 | 792,412 | 27,650 | 22.6 | 0% |
| 2021 | 1,336,960 | 709,521 | 627,439 | 35.8 | 0% |
| 2022 | 720,284 | 807,003 | −86,719 | 30.2 | 0% |
In its most recent public year (2022), this organization spent $86,719 more than it brought in. Its reserves stood at about 30.2 months of spending, down from 83.9 in 2011. Staff pay was 0% of spending. $1,479,490 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 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
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