Davidson-Davie Community College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,707,123 | 410,016 | 1,297,107 | 307.2 | 0% |
| 2012 | 2,502,381 | 565,763 | 1,936,618 | 263.7 | 0% |
| 2013 | 30,821,445,312 | 0 | 30,821,445,312 | — | — |
| 2014 | 7,125,301 | 701,775 | 6,423,526 | 380.7 | 0% |
| 2015 | 672,266 | 757,844 | −85,578 | 351.2 | 0% |
| 2016 | 2,777,103 | 1,250,862 | 1,526,241 | 227.4 | 0% |
| 2017 | 3,099,856 | 2,186,630 | 913,226 | 135.1 | 0% |
| 2018 | 2,449,398 | 5,259,949 | −2,810,551 | 49.8 | 0% |
| 2019 | 1,557,996 | 891,439 | 666,557 | 302.6 | 0% |
| 2020 | 1,128,581 | 1,045,684 | 82,897 | 258.9 | 0% |
| 2021 | 4,902,272 | 970,677 | 3,931,595 | 327.5 | 0% |
| 2022 | 1,408,332 | 3,557,637 | −2,149,305 | 82.1 | 0% |
| 2023 | 2,952,859 | 1,410,734 | 1,542,125 | 220.2 | 0% |
| 2024 | 4,541,050 | 1,109,305 | 3,431,745 | 317.1 | 0% |
In its most recent public year (2024), this organization brought in $3,431,745 more than it spent. Its reserves stood at about 317.1 months of spending, up from 307.2 in 2011. Staff pay was 0% of spending. $15,632,196 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 2024. 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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