Foundation For A College Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 619,496 | 521,090 | 98,406 | 7.7 | 55% |
| 2011 | 771,898 | 662,069 | 109,829 | 8.2 | 50% |
| 2012 | 764,843 | 630,178 | 134,665 | 11.0 | 18% |
| 2013 | 722,434 | 715,873 | 6,561 | 9.9 | 42% |
| 2014 | 711,784 | 822,509 | −110,725 | 6.9 | 45% |
| 2015 | 1,134,123 | 914,324 | 219,799 | 9.1 | 41% |
| 2016 | 994,874 | 1,055,724 | −60,850 | 7.2 | 42% |
| 2017 | 1,035,887 | 963,253 | 72,634 | 9.0 | 45% |
| 2018 | 1,709,517 | 1,065,863 | 643,654 | 15.7 | 43% |
| 2019 | 1,374,643 | 1,526,518 | −151,875 | 10.1 | 46% |
| 2020 | 1,306,062 | 1,450,942 | −144,880 | 10.0 | 53% |
| 2021 | 1,608,156 | 1,481,473 | 126,683 | 11.5 | 51% |
| 2022 | 1,483,171 | 1,309,183 | 173,988 | 13.8 | 56% |
| 2023 | 1,393,380 | 1,273,698 | 119,682 | 15.9 | 57% |
In its most recent public year (2023), this organization brought in $119,682 more than it spent. Its reserves stood at about 15.9 months of spending, up from 7.7 in 2010. Staff pay was 57% of spending. $127,942 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
Foundation For A College Education'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