Corning Community College Development Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 910,665 | 808,357 | 102,308 | 89.3 | 0% |
| 2012 | 781,862 | 495,556 | 286,306 | 152.2 | 0% |
| 2013 | 1,758,183 | 1,446,106 | 312,077 | 62.3 | 0% |
| 2014 | 5,000,353 | 5,874,170 | −873,817 | 13.2 | 0% |
| 2015 | 2,920,934 | 3,128,886 | −207,952 | 19.8 | 2% |
| 2016 | 3,616,281 | 2,996,067 | 620,214 | 25.8 | 4% |
| 2017 | 2,751,857 | 3,291,814 | −539,957 | 24.1 | 4% |
| 2018 | 2,965,359 | 3,283,112 | −317,753 | 22.1 | 3% |
| 2019 | 3,485,326 | 3,453,815 | 31,511 | 23.7 | 0% |
| 2020 | 2,123,237 | 3,105,181 | −981,944 | 25.8 | 0% |
| 2021 | 3,428,061 | 2,870,567 | 557,494 | 31.9 | 0% |
| 2022 | 8,645,207 | 3,176,696 | 5,468,511 | 43.7 | 0% |
| 2023 | 2,274,919 | 3,165,838 | −890,919 | 43.3 | 0% |
In its most recent public year (2023), this organization spent $890,919 more than it brought in. Its reserves stood at about 43.3 months of spending, down from 89.3 in 2011. Staff pay was 0% of spending. $6,957,425 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
Corning Community College Development 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