Texas For Excellence In Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 298,000 | 167,478 | 130,522 | 9.4 | 0% |
| 2023 | 345,000 | 479,103 | −134,103 | -0.1 | 10% |
In its most recent public year (2023), this organization spent $134,103 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.1 months), down from 9.4 in 2022. Staff pay was 10% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works