Piedmont Education Trust Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 109,326 | 58,985 | 50,341 | 204.7 | 0% |
| 2021 | 240,291 | 65,982 | 174,309 | 214.7 | 0% |
| 2022 | 111,307 | 82,438 | 28,869 | 149.8 | 0% |
| 2023 | 197,701 | 70,252 | 127,449 | 220.5 | 0% |
In its most recent public year (2023), this organization brought in $127,449 more than it spent. Its reserves stood at about 220.5 months of spending, up from 204.7 in 2020. Staff pay was 0% 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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