South Carolina Virtual Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 5,012,846 | 29,414 | 4,983,432 | 2033.1 | 0% |
| 2020 | 68,478 | 93,631 | −25,153 | 635.5 | 41% |
| 2021 | 170,957 | 189,541 | −18,584 | 312.7 | 20% |
| 2022 | 243,818 | 288,304 | −44,486 | 203.8 | 25% |
| 2023 | 286,962 | 329,752 | −42,790 | 176.2 | 38% |
In its most recent public year (2023), this organization spent $42,790 more than it brought in. Its reserves stood at about 176.2 months of spending, down from 2033.1 in 2019. Staff pay was 38% 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
South Carolina Virtual Education 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