Path To College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 91,111 | 71,502 | 19,609 | 6.0 | — |
| 2019 | 261,794 | 145,062 | 116,732 | 12.6 | 62% |
| 2020 | 310,803 | 259,786 | 51,017 | 9.6 | 60% |
| 2021 | 398,214 | 292,872 | 105,342 | 12.8 | 63% |
| 2022 | 730,492 | 531,530 | 198,962 | 12.0 | 67% |
| 2023 | 1,138,077 | 929,324 | 208,753 | 9.6 | 55% |
In its most recent public year (2023), this organization brought in $208,753 more than it spent. Its reserves stood at about 9.6 months of spending, up from 6 in 2018. Staff pay was 55% 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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