Middlesex College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,363,355 | 858,049 | 505,306 | 141.4 | 29% |
| 2012 | 1,337,306 | 1,073,236 | 264,070 | 113.3 | 18% |
| 2013 | 1,267,584 | 1,126,567 | 141,017 | 113.9 | 14% |
| 2014 | 1,949,355 | 1,303,034 | 646,321 | 111.6 | 13% |
| 2015 | 2,314,763 | 1,537,439 | 777,324 | 92.6 | 10% |
| 2016 | 1,189,879 | 1,421,375 | −231,496 | 97.1 | 4% |
| 2017 | 7,104,194 | 1,473,621 | 5,630,573 | 144.1 | 4% |
| 2018 | 1,645,113 | 1,128,414 | 516,699 | 195.9 | 0% |
| 2019 | 2,017,122 | 1,017,135 | 999,987 | 223.2 | 1% |
| 2020 | 1,005,576 | 1,566,490 | −560,914 | 143.5 | 0% |
| 2021 | 2,811,630 | 1,312,985 | 1,498,645 | 210.0 | 2% |
| 2022 | 2,441,573 | 1,331,277 | 1,110,296 | 176.7 | 0% |
| 2023 | 928,779 | 1,567,637 | −638,858 | 155.8 | 0% |
In its most recent public year (2023), this organization spent $638,858 more than it brought in. Its reserves stood at about 155.8 months of spending, up from 141.4 in 2011. Staff pay was 0% of spending. $17,549,483 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
Middlesex College 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