Cortland College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,310,578 | 1,546,954 | 1,763,624 | 202.0 | 0% |
| 2012 | 3,567,644 | 2,079,536 | 1,488,108 | 160.8 | 0% |
| 2013 | 5,221,860 | 2,162,990 | 3,058,870 | 182.3 | 0% |
| 2014 | 5,138,515 | 2,214,858 | 2,923,657 | 209.2 | 0% |
| 2015 | 5,898,947 | 2,080,393 | 3,818,554 | 229.3 | 0% |
| 2016 | 3,495,616 | 2,266,080 | 1,229,536 | 215.4 | 0% |
| 2017 | 5,309,791 | 2,724,118 | 2,585,673 | 201.4 | 0% |
| 2018 | 5,144,976 | 2,810,280 | 2,334,696 | 210.7 | 0% |
| 2019 | 4,952,926 | 3,009,085 | 1,943,841 | 206.8 | 0% |
| 2020 | 6,752,730 | 3,158,003 | 3,594,727 | 208.6 | 0% |
| 2021 | 5,952,089 | 3,336,715 | 2,615,374 | 241.0 | 0% |
| 2022 | 11,840,674 | 3,446,163 | 8,394,511 | 209.8 | 0% |
| 2023 | 4,247,322 | 3,599,976 | 647,346 | 221.1 | 0% |
In its most recent public year (2023), this organization brought in $647,346 more than it spent. Its reserves stood at about 221.1 months of spending, up from 202 in 2011. Staff pay was 0% of spending. $63,338,064 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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