Texas Retired Teachers Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 94,261 | 134,458 | −40,197 | 45.2 | 30% |
| 2012 | 110,055 | 143,151 | −33,096 | 41.3 | 32% |
| 2013 | 144,504 | 170,270 | −25,766 | 32.9 | 27% |
| 2014 | −188,005 | 189,613 | −377,618 | -13.0 | 31% |
| 2015 | 120,200 | 123,997 | −3,797 | -20.1 | 31% |
| 2016 | 232,348 | 117,344 | 115,004 | -12.7 | 32% |
| 2017 | 225,890 | 109,113 | 116,777 | 0.9 | 35% |
| 2018 | 343,397 | 310,236 | 33,161 | 1.6 | 12% |
| 2019 | 309,096 | 146,961 | 162,135 | 18.2 | 33% |
| 2020 | 467,566 | 169,217 | 298,349 | 36.0 | 30% |
| 2021 | 743,288 | 486,318 | 256,970 | 18.8 | 10% |
| 2022 | 341,382 | 210,101 | 131,281 | 50.2 | 24% |
| 2023 | 329,730 | 185,901 | 143,829 | 67.3 | 27% |
In its most recent public year (2023), this organization brought in $143,829 more than it spent. Its reserves stood at about 67.3 months of spending, up from 45.2 in 2011. Staff pay was 27% of spending. $187,224 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
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