Hbcu Faculty Development Network
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 51,586 | 52,120 | −534 | 9.5 | — |
| 2012 | 117,189 | 94,794 | 22,395 | 8.1 | — |
| 2013 | 40,562 | 73,577 | −33,015 | 5.0 | — |
| 2018 | 34,682 | 33,316 | 1,366 | 3.0 | — |
| 2019 | 61,422 | 45,876 | 15,546 | 6.2 | — |
| 2020 | 6,640 | 8,211 | −1,571 | 32.5 | — |
| 2021 | 3,900 | 8,346 | −4,446 | 25.5 | — |
In its most recent public year (2021), this organization spent $4,446 more than it brought in. Its reserves stood at about 25.5 months of spending, up from 9.5 in 2011.
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 2021. 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
Hbcu Faculty Development Network's IRS filings as a feed — one entry per filing year, through 2021. 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