Operating record

Peninsula Community Foundation

Cornelius, NC · EIN 01-0554374 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$133,165$178,480−$45,31513.90%
2021$213,894$220,717−$6,82310.80%
2022$297,582$240,744$56,83812.80%
2023$359,397$320,931$38,46611.00%

In its most recent public year (2023), this organization brought in $38,466 more than it spent. Its reserves stood at about 11 months of spending, down from 13.9 in 2020. Staff pay was 0% 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 ↗