Ocean County College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,507,447 | 1,682,835 | −175,388 | 53.2 | 0% |
| 2012 | 980,246 | 836,765 | 143,481 | 106.9 | 0% |
| 2013 | 1,375,132 | 1,073,547 | 301,585 | 91.1 | 0% |
| 2014 | 2,991,414 | 767,843 | 2,223,571 | 173.7 | 0% |
| 2015 | 1,266,597 | 922,902 | 343,695 | 142.4 | 0% |
| 2016 | 1,000,395 | 787,435 | 212,960 | 163.2 | 0% |
| 2017 | 1,046,542 | 885,094 | 161,448 | 161.3 | 0% |
| 2018 | 3,581,016 | 817,441 | 2,763,575 | 222.7 | 0% |
| 2019 | 1,371,272 | 756,774 | 614,498 | 256.4 | 17% |
| 2020 | 868,716 | 917,251 | −48,535 | 218.4 | 18% |
| 2021 | 2,425,912 | 882,342 | 1,543,570 | 289.1 | 19% |
| 2022 | 3,457,940 | 1,329,236 | 2,128,704 | 180.1 | 14% |
| 2023 | 2,407,473 | 1,565,369 | 842,104 | 171.7 | 12% |
In its most recent public year (2023), this organization brought in $842,104 more than it spent. Its reserves stood at about 171.7 months of spending, up from 53.2 in 2011. Staff pay was 12% of spending. $20,480,613 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
Ocean County College Foundation'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