Trio New College Network Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,710,153 | 172,137 | 1,538,016 | 107.2 | 53% |
| 2022 | 2,177,684 | 1,752,240 | 425,444 | 13.4 | 50% |
| 2023 | 3,633,623 | 3,042,547 | 591,076 | 10.1 | 50% |
In its most recent public year (2023), this organization brought in $591,076 more than it spent. Its reserves stood at about 10.1 months of spending, down from 107.2 in 2021. Staff pay was 50% of spending. $1,669,571 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
Trio New College Network Inc'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