Texas Higher Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,136,368 | 1,409,117 | −272,749 | 29.8 | 8% |
| 2012 | 3,689,509 | 2,352,646 | 1,336,863 | 24.6 | 4% |
| 2013 | 500,738 | 2,090,754 | −1,590,016 | 18.6 | 4% |
| 2014 | 649,247 | 2,226,309 | −1,577,062 | 9.0 | 1% |
| 2015 | 133,003 | 1,119,036 | −986,033 | 7.3 | 2% |
| 2016 | 1,566,402 | 694,125 | 872,277 | 26.8 | 3% |
| 2017 | 1,601,449 | 1,209,675 | 391,774 | 19.3 | 1% |
| 2018 | 489,405 | 1,514,391 | −1,024,986 | 7.3 | 0% |
| 2019 | 1,063,578 | 1,164,866 | −101,288 | 8.4 | 1% |
| 2020 | 2,420,760 | 1,492,126 | 928,634 | 14.0 | 0% |
| 2021 | 5,310,528 | 4,124,656 | 1,185,872 | 8.5 | 0% |
| 2022 | 2,408,543 | 2,632,793 | −224,250 | 12.3 | 0% |
| 2023 | 1,032,734 | 1,736,260 | −703,526 | 13.9 | 0% |
In its most recent public year (2023), this organization spent $703,526 more than it brought in. Its reserves stood at about 13.9 months of spending, down from 29.8 in 2011. Staff pay was 0% of spending. $1,409,041 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
Texas Higher Education Foundation'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