Texas Guaranteed Student Loan Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 139,728,743 | 117,521,556 | 22,207,187 | 48.9 | 33% |
| 2012 | 254,457,496 | 165,940,085 | 88,517,411 | 40.4 | 25% |
| 2013 | 165,185,251 | 376,005,403 | −210,820,152 | 10.3 | 12% |
| 2014 | 153,137,942 | 97,563,560 | 55,574,382 | 46.1 | 45% |
| 2015 | 155,207,147 | 71,117,581 | 84,089,566 | 76.9 | 64% |
| 2016 | 253,180,115 | 61,749,185 | 191,430,930 | 128.1 | 56% |
| 2017 | 120,994,289 | 172,447,133 | −51,452,844 | 42.4 | 19% |
| 2018 | 107,711,297 | 52,180,427 | 55,530,870 | 151.6 | 57% |
| 2019 | 105,235,381 | 47,045,760 | 58,189,621 | 191.1 | 53% |
| 2020 | 81,205,544 | 49,063,662 | 32,141,882 | 90.3 | 50% |
| 2021 | 132,060,049 | 143,871,157 | −11,811,108 | 31.1 | 20% |
| 2022 | 75,038,315 | 212,423,732 | −137,385,417 | 9.5 | 13% |
| 2023 | 64,584,806 | 38,628,600 | 25,956,206 | 59.1 | 62% |
In its most recent public year (2023), this organization brought in $25,956,206 more than it spent. Its reserves stood at about 59.1 months of spending, up from 48.9 in 2011. Staff pay was 62% 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
Texas Guaranteed Student Loan 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