Rome College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 21,463 | 29,007 | −7,544 | 157.8 | 0% |
| 2021 | 87,787 | 32,918 | 54,869 | 159.0 | 0% |
| 2022 | 27,249 | 31,032 | −3,783 | 152.2 | 0% |
| 2023 | 30,250 | 33,905 | −3,655 | 142.2 | 0% |
In its most recent public year (2023), this organization spent $3,655 more than it brought in. Its reserves stood at about 142.2 months of spending, down from 157.8 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
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