Calhoun Education Foundation Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 817,208 | 832,457 | −15,249 | 0.1 | 51% |
| 2022 | 1,061,139 | 929,449 | 131,690 | 2.9 | 53% |
| 2023 | 981,073 | 934,729 | 46,344 | 3.5 | 54% |
| 2024 | 1,103,161 | 1,063,682 | 39,479 | 3.5 | 51% |
In its most recent public year (2024), this organization brought in $39,479 more than it spent. Its reserves stood at about 3.5 months of spending, up from 0.1 in 2021. Staff pay was 51% 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 2024. 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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