The Genesee Community College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 839,370 | 608,205 | 231,165 | 60.4 | 17% |
| 2012 | 754,625 | 475,825 | 278,800 | 86.5 | 22% |
| 2013 | 886,587 | 490,104 | 396,483 | 95.4 | 21% |
| 2014 | 3,511,284 | 628,723 | 2,882,561 | 132.6 | 22% |
| 2015 | 2,740,609 | 3,454,698 | −714,089 | 20.1 | 4% |
| 2016 | 761,539 | 463,271 | 298,268 | 163.5 | 21% |
| 2017 | 515,367 | 542,171 | −26,804 | 144.2 | 21% |
| 2018 | 646,989 | 445,419 | 201,570 | 181.3 | 26% |
| 2019 | 1,116,144 | 545,711 | 570,433 | 162.4 | 37% |
| 2020 | 1,734,567 | 1,690,171 | 44,396 | 56.2 | 9% |
| 2021 | 1,443,670 | 640,695 | 802,975 | 171.4 | 17% |
| 2022 | 853,942 | 501,056 | 352,886 | 189.2 | 23% |
| 2023 | 393,275 | 582,717 | −189,442 | 162.9 | 14% |
In its most recent public year (2023), this organization spent $189,442 more than it brought in. Its reserves stood at about 162.9 months of spending, up from 60.4 in 2011. Staff pay was 14% of spending. $7,735,822 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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