Wallace State Community College Future Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,068,359 | 722,363 | 345,996 | 73.0 | 0% |
| 2021 | 953,473 | 471,478 | 481,995 | 147.5 | 0% |
| 2022 | 2,491,571 | 703,009 | 1,788,562 | 106.4 | 0% |
| 2023 | 1,193,175 | 741,091 | 452,084 | 120.8 | 0% |
| 2024 | 1,119,177 | 789,080 | 330,097 | 124.3 | 0% |
In its most recent public year (2024), this organization brought in $330,097 more than it spent. Its reserves stood at about 124.3 months of spending, up from 73 in 2020. Staff pay was 0% of spending. $7,982,980 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 2024. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works