Triangle Charter Education Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 5,186,544 | 5,907,325 | −720,781 | -1.5 | 34% |
| 2016 | 7,302,798 | 7,600,145 | −297,347 | -1.6 | 38% |
| 2017 | 9,164,098 | 9,319,674 | −155,576 | -1.5 | 36% |
| 2018 | 8,787,365 | 9,423,650 | −636,285 | -2.3 | 38% |
| 2019 | 8,340,327 | 8,951,826 | −611,499 | -3.2 | 38% |
| 2020 | 8,864,608 | 9,566,449 | −701,841 | -3.9 | 39% |
| 2021 | 15,148,719 | 15,468,303 | −319,584 | -2.7 | 39% |
| 2022 | 17,804,747 | 18,030,777 | −226,030 | -2.4 | 35% |
| 2023 | 18,160,737 | 18,681,957 | −521,220 | -2.7 | 33% |
In its most recent public year (2023), this organization spent $521,220 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.7 months), down from -1.5 in 2015. Staff pay was 33% 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
Triangle Charter Education Association 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