Frank Phillips College Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 92,782 | 34,620 | 58,162 | 358.5 | 0% |
| 2012 | 67,736 | 28,887 | 38,849 | 486.0 | 0% |
| 2013 | 82,028 | 36,092 | 45,936 | 442.2 | 0% |
| 2014 | 72,785 | 38,970 | 33,815 | 474.8 | 0% |
| 2015 | 89,223 | 53,855 | 35,368 | 338.0 | 0% |
| 2016 | 44,347 | 45,960 | −1,613 | 415.8 | 0% |
| 2017 | 68,667 | 52,148 | 16,519 | 395.0 | 0% |
| 2018 | 81,209 | 54,776 | 26,433 | 412.9 | 0% |
| 2019 | 69,948 | 59,188 | 10,760 | 381.9 | 0% |
| 2020 | 95,882 | 60,622 | 35,260 | 415.2 | 0% |
| 2021 | 88,222 | 48,889 | 39,333 | 627.4 | 0% |
| 2022 | 60,303 | 121,159 | −60,856 | 223.0 | 0% |
| 2023 | 75,259 | 191,751 | −116,492 | 150.9 | 0% |
In its most recent public year (2023), this organization spent $116,492 more than it brought in. Its reserves stood at about 150.9 months of spending, down from 358.5 in 2011. Staff pay was 0% of spending. $2,411,754 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
Frank Phillips College Development 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