North Carolina Education Corps
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 500,000 | 193,059 | 306,941 | 19.1 | 40% |
| 2022 | 2,166,743 | 2,060,423 | 106,320 | 2.4 | 55% |
| 2023 | 3,898,001 | 3,326,777 | 571,224 | 4.5 | 51% |
| 2024 | 5,299,266 | 4,826,660 | 472,606 | 4.3 | 55% |
In its most recent public year (2024), this organization brought in $472,606 more than it spent. Its reserves stood at about 4.3 months of spending, down from 19.1 in 2021. 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 2024. 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
North Carolina Education Corps's IRS filings as a feed — one entry per filing year, through 2024. 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