Herkimer County College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,767,044 | 1,502,369 | 264,675 | 42.2 | 5% |
| 2012 | 2,133,072 | 2,600,418 | −467,346 | 22.1 | 3% |
| 2013 | 1,808,254 | 1,755,436 | 52,818 | 33.7 | 5% |
| 2014 | 2,059,193 | 1,818,777 | 240,416 | 39.2 | 5% |
| 2015 | 2,011,863 | 1,285,206 | 726,657 | 57.0 | 7% |
| 2016 | 1,576,683 | 1,238,339 | 338,344 | 65.2 | 7% |
| 2017 | 2,464,791 | 1,374,045 | 1,090,746 | 65.8 | 16% |
| 2018 | 1,628,453 | 1,422,600 | 205,853 | 65.3 | 16% |
| 2019 | 1,511,309 | 1,314,134 | 197,175 | 73.8 | 17% |
| 2020 | 1,770,772 | 1,266,240 | 504,532 | 86.3 | 18% |
| 2021 | 1,663,812 | 1,053,373 | 610,439 | 114.4 | 17% |
| 2022 | 1,378,994 | 1,094,881 | 284,113 | 97.8 | 18% |
| 2023 | 893,773 | 1,131,324 | −237,551 | 94.4 | 14% |
In its most recent public year (2023), this organization spent $237,551 more than it brought in. Its reserves stood at about 94.4 months of spending, up from 42.2 in 2011. Staff pay was 14% of spending. $4,109,736 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
Herkimer County College Foundation 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