The Foundation For The College System Of Tennessee
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 72,433 | 52,252 | 20,181 | 140.4 | — |
| 2012 | 102,888 | 57,639 | 45,249 | 136.7 | 0% |
| 2013 | 74,804 | 67,674 | 7,130 | 117.7 | 0% |
| 2014 | 57,031 | 28,543 | 28,488 | 291.0 | 0% |
| 2015 | 167,034 | 39,352 | 127,682 | 250.0 | 0% |
| 2016 | 196,937 | 131,093 | 65,844 | 81.1 | 0% |
| 2017 | 60,495 | 72,314 | −11,819 | 145.0 | 0% |
| 2018 | 100,241 | 66,071 | 34,170 | 165.1 | 0% |
| 2019 | 408,627 | 143,167 | 265,460 | 98.4 | 0% |
| 2020 | 290,670 | 152,636 | 138,034 | 103.2 | 0% |
| 2021 | 507,961 | 105,413 | 402,548 | 195.2 | 0% |
| 2022 | 1,099,205 | 507,121 | 592,084 | 54.6 | 0% |
| 2023 | 1,339,789 | 800,201 | 539,588 | 42.7 | 0% |
In its most recent public year (2023), this organization brought in $539,588 more than it spent. Its reserves stood at about 42.7 months of spending, down from 140.4 in 2011. Staff pay was 0% of spending. $2,828,548 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
The Foundation For The College System Of Tennessee'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