Parsons Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 82,777 | 26,690 | 56,087 | 94.5 | — |
| 2013 | 47,565 | 38,577 | 8,988 | 72.1 | — |
| 2014 | 179,574 | 35,297 | 144,277 | 126.4 | 0% |
| 2015 | 45,635 | 33,865 | 11,770 | 137.7 | 0% |
| 2016 | 49,330 | 52,299 | −2,969 | 88.5 | — |
| 2017 | 93,355 | 39,463 | 53,892 | 133.6 | — |
| 2018 | 82,620 | 51,879 | 30,741 | 108.8 | — |
| 2019 | 65,310 | 41,294 | 24,016 | 143.6 | — |
| 2020 | 56,789 | 50,354 | 6,435 | 119.3 | 0% |
| 2021 | 165,566 | 51,078 | 114,488 | 144.5 | 0% |
| 2022 | 65,879 | 45,325 | 20,554 | 137.7 | 0% |
| 2023 | 63,627 | 38,044 | 25,583 | 177.5 | 0% |
In its most recent public year (2023), this organization brought in $25,583 more than it spent. Its reserves stood at about 177.5 months of spending, up from 94.5 in 2012. Staff pay was 0% of spending.
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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