Finger Lakes Community College Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,535,021 | 4,160,408 | 374,613 | 4.1 | 23% |
| 2021 | 2,699,756 | 3,983,452 | −1,283,696 | 1.7 | 22% |
| 2022 | 4,325,074 | 3,848,509 | 476,565 | 5.7 | 18% |
| 2023 | 4,631,390 | 3,852,010 | 779,380 | 9.1 | 19% |
In its most recent public year (2023), this organization brought in $779,380 more than it spent. Its reserves stood at about 9.1 months of spending, up from 4.1 in 2020. Staff pay was 19% of spending.
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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