Foundation Of Fulton-Montgomery Community College Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 490,379 | 241,587 | 248,792 | 97.3 | 0% |
| 2013 | 367,743 | 838,264 | −470,521 | 33.3 | 0% |
| 2014 | 279,210 | 113,496 | 165,714 | 278.7 | 0% |
| 2015 | 1,368,178 | 181,164 | 1,187,014 | 245.1 | 0% |
| 2016 | 2,939,505 | 510,460 | 2,429,045 | 144.6 | 0% |
| 2017 | 1,313,991 | 593,384 | 720,607 | 144.2 | 0% |
| 2018 | 1,686,291 | 2,118,873 | −432,582 | 35.1 | 0% |
| 2019 | 779,773 | 929,640 | −149,867 | 79.5 | 4% |
| 2020 | 649,018 | 672,082 | −23,064 | 112.5 | 7% |
| 2021 | 813,846 | 469,761 | 344,085 | 177.7 | 21% |
| 2022 | 1,647,482 | 576,083 | 1,071,399 | 129.7 | 17% |
| 2023 | 388,864 | 423,866 | −35,002 | 184.8 | 24% |
In its most recent public year (2023), this organization spent $35,002 more than it brought in. Its reserves stood at about 184.8 months of spending, up from 97.3 in 2012. Staff pay was 24% of spending. $5,536,218 of its net assets are donor-restricted.
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
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