Transitional Learning Center At Galveston
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,733,619 | 17,708,259 | 25,360 | 13.4 | 41% |
| 2012 | 19,088,129 | 19,807,342 | −719,213 | 11.6 | 40% |
| 2013 | 19,847,366 | 21,689,146 | −1,841,780 | 9.5 | 35% |
| 2014 | 22,038,440 | 18,499,693 | 3,538,747 | 13.5 | 42% |
| 2015 | 15,299,344 | 13,798,474 | 1,500,870 | 19.4 | 57% |
| 2016 | 15,857,659 | 13,990,844 | 1,866,815 | 20.5 | 57% |
| 2017 | 18,461,365 | 14,307,915 | 4,153,450 | 23.5 | 56% |
| 2018 | 17,387,726 | 16,077,164 | 1,310,562 | 21.9 | 48% |
| 2019 | 27,785,853 | 15,123,896 | 12,661,957 | 33.3 | 55% |
| 2020 | 18,790,076 | 19,143,757 | −353,681 | 26.1 | 55% |
| 2021 | 37,548,460 | 18,443,397 | 19,105,063 | 39.5 | 54% |
| 2022 | 27,057,858 | 17,898,715 | 9,159,143 | 46.9 | 54% |
| 2023 | 18,232,653 | 19,850,552 | −1,617,899 | 41.3 | 57% |
In its most recent public year (2023), this organization spent $1,617,899 more than it brought in. Its reserves stood at about 41.3 months of spending, up from 13.4 in 2011. Staff pay was 57% of spending. $3,835,371 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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