Durham Public Schools Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 288,270 | 143,007 | 145,263 | 13.5 | 26% |
| 2020 | 1,797,605 | 885,520 | 912,085 | 14.5 | 10% |
| 2021 | 3,570,908 | 2,193,137 | 1,377,771 | 13.7 | 8% |
| 2022 | 1,530,244 | 1,470,113 | 60,131 | 19.8 | 35% |
| 2023 | 2,070,140 | 1,781,869 | 288,271 | 18.4 | 41% |
In its most recent public year (2023), this organization brought in $288,271 more than it spent. Its reserves stood at about 18.4 months of spending, up from 13.5 in 2019. Staff pay was 41% of spending. $1,670,314 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
Durham Public Schools 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