Gaston College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 590,598 | 1,614,995 | −1,024,397 | 71.5 | 0% |
| 2013 | 427,030 | 1,941,271 | −1,514,241 | 51.7 | 10% |
| 2014 | 836,968 | 1,178,428 | −341,460 | 86.2 | 0% |
| 2015 | 977,124 | 963,250 | 13,874 | 103.1 | 0% |
| 2016 | 1,039,330 | 1,037,977 | 1,353 | 92.2 | 0% |
| 2017 | 1,150,469 | 935,928 | 214,541 | 112.8 | 0% |
| 2018 | 793,469 | 652,131 | 141,338 | 168.3 | 0% |
| 2019 | 1,538,672 | 741,519 | 797,153 | 162.8 | 0% |
| 2020 | 1,138,764 | 1,401,919 | −263,155 | 84.6 | 0% |
| 2021 | 3,541,914 | 957,415 | 2,584,499 | 177.1 | 0% |
| 2022 | 1,301,240 | 1,694,731 | −393,491 | 85.4 | 0% |
| 2023 | 1,646,185 | 1,554,676 | 91,509 | 94.9 | 0% |
In its most recent public year (2023), this organization brought in $91,509 more than it spent. Its reserves stood at about 94.9 months of spending, up from 71.5 in 2012. Staff pay was 0% of spending. $9,090,105 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
Gaston 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