Mckinney Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,195,146 | 962,522 | 232,624 | 63.5 | 32% |
| 2012 | 1,142,425 | 873,490 | 268,935 | 70.9 | 39% |
| 2013 | 1,127,637 | 1,021,712 | 105,925 | 63.1 | 28% |
| 2014 | 3,892,580 | 928,244 | 2,964,336 | 110.1 | 32% |
| 2015 | 1,272,064 | 965,771 | 306,293 | 102.3 | 27% |
| 2016 | 995,363 | 962,711 | 32,652 | 95.1 | 29% |
| 2017 | 1,112,660 | 1,020,070 | 92,590 | 100.7 | 28% |
| 2018 | 1,486,781 | 1,120,399 | 366,382 | 94.0 | 29% |
| 2019 | 1,184,939 | 1,296,941 | −112,002 | 80.7 | 25% |
| 2020 | 2,107,343 | 1,000,313 | 1,107,030 | 109.9 | 36% |
| 2021 | 1,541,295 | 1,264,803 | 276,492 | 114.9 | 28% |
| 2022 | 1,500,466 | 1,379,548 | 120,918 | 90.5 | 27% |
| 2023 | 1,202,471 | 1,242,480 | −40,009 | 108.8 | 34% |
In its most recent public year (2023), this organization spent $40,009 more than it brought in. Its reserves stood at about 108.8 months of spending, up from 63.5 in 2011. Staff pay was 34% of spending. $9,942,527 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
Mckinney 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