Tuscaloosa Research And Education Advancement Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,004,622 | 1,194,224 | −189,602 | 12.4 | 34% |
| 2012 | 277,891 | 497,025 | −219,134 | 24.5 | 59% |
| 2013 | 82,922 | 303,589 | −220,667 | 31.3 | 61% |
| 2014 | 177,794 | 263,605 | −85,811 | 32.3 | 64% |
| 2015 | 280,385 | 320,280 | −39,895 | 25.1 | 53% |
| 2016 | 407,975 | 421,214 | −13,239 | 18.6 | 50% |
| 2017 | 321,505 | 381,439 | −59,934 | 18.8 | 48% |
| 2018 | 629,327 | 566,324 | 63,003 | 14.0 | 32% |
| 2019 | 1,868,474 | 1,677,494 | 190,980 | 6.1 | 37% |
| 2020 | 1,520,139 | 1,689,849 | −169,710 | 4.9 | 35% |
| 2021 | 1,532,914 | 1,454,086 | 78,828 | 6.3 | 34% |
| 2022 | 1,160,258 | 1,265,308 | −105,050 | 6.3 | 35% |
| 2023 | 841,800 | 786,836 | 54,964 | 10.9 | 56% |
In its most recent public year (2023), this organization brought in $54,964 more than it spent. Its reserves stood at about 10.9 months of spending, down from 12.4 in 2011. Staff pay was 56% of spending. $401,613 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
Tuscaloosa Research And Education Advancement Corporation'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