Ilisagvik College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 617,079 | 37,176 | 579,903 | 2525.7 | 0% |
| 2021 | 904,241 | 44,543 | 859,698 | 2820.6 | 0% |
| 2022 | 1,350,558 | 50,990 | 1,299,568 | 2318.3 | 0% |
| 2023 | 663,360 | 48,880 | 614,480 | 2710.2 | 0% |
In its most recent public year (2023), this organization brought in $614,480 more than it spent. Its reserves stood at about 2710.2 months of spending, up from 2525.7 in 2020. Staff pay was 0% of spending. $5,210,284 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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