North Carolina Beta Foundation Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,562 | 26,288 | −20,726 | 332.1 | 0% |
| 2012 | 42,024 | 21,098 | 20,926 | 425.7 | 0% |
| 2013 | −50,898 | 18,546 | −69,444 | 439.3 | 0% |
| 2014 | 830,426 | 25,598 | 804,828 | 695.6 | 0% |
| 2015 | 74,457 | 21,787 | 52,670 | 846.3 | 0% |
| 2016 | −77,438 | 14,024 | −91,462 | 1236.4 | 0% |
| 2017 | −3,986 | 16,016 | −20,002 | 1067.7 | 0% |
| 2018 | −36,224 | 14,999 | −51,223 | 1099.1 | 0% |
| 2019 | −37,122 | 13,918 | −51,040 | 1140.4 | 0% |
| 2020 | 3,339 | 9,551 | −6,212 | 1654.1 | 0% |
| 2021 | −65,219 | 3,769 | −68,988 | 3972.0 | 0% |
| 2022 | 68,312 | 0 | 68,312 | — | — |
| 2023 | 796,648 | 250,104 | 546,544 | 89.4 | 21% |
In its most recent public year (2023), this organization brought in $546,544 more than it spent. Its reserves stood at about 89.4 months of spending, down from 332.1 in 2011. Staff pay was 21% 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
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