Retired Teachers Education Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 64,151 | 103,385 | −39,234 | 8.0 | 30% |
| 2012 | 108,832 | 117,571 | −8,739 | 6.2 | 25% |
| 2013 | 62,024 | 119,265 | −57,241 | 0.3 | 24% |
| 2014 | 107,331 | 118,139 | −10,808 | -0.8 | 30% |
| 2015 | 77,928 | 122,968 | −45,040 | -10.6 | 28% |
| 2016 | 81,802 | 118,381 | −36,579 | -16.3 | 29% |
| 2017 | 94,251 | 126,590 | −32,339 | -19.2 | 30% |
| 2018 | 96,635 | 134,831 | −38,196 | -22.0 | 30% |
| 2019 | 87,735 | 140,043 | −52,308 | -19.4 | 31% |
| 2020 | 71,382 | 101,880 | −30,498 | 10.2 | 34% |
| 2021 | 72,595 | 73,305 | −710 | 14.0 | 34% |
| 2022 | 765,370 | 820,186 | −54,816 | 0.4 | 3% |
| 2023 | 1,663 | 27,695 | −26,032 | 2.0 | 1% |
In its most recent public year (2023), this organization spent $26,032 more than it brought in. Its reserves stood at about 2 months of spending, down from 8 in 2011. Staff pay was 1% 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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