Raritan Valley Community College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 909,047 | 749,254 | 159,793 | 38.3 | 0% |
| 2012 | 1,626,854 | 615,955 | 1,010,899 | 65.5 | 0% |
| 2013 | 1,214,581 | 684,862 | 529,719 | 68.7 | 0% |
| 2014 | 762,223 | 968,495 | −206,272 | 47.2 | 0% |
| 2015 | 959,570 | 742,210 | 217,360 | 62.8 | 7% |
| 2016 | 1,297,508 | 897,889 | 399,619 | 57.0 | 6% |
| 2017 | 1,006,173 | 1,160,241 | −154,068 | 43.1 | 0% |
| 2018 | 1,890,454 | 1,251,408 | 639,046 | 45.2 | 0% |
| 2019 | 1,145,157 | 1,273,433 | −128,276 | 44.1 | 0% |
| 2020 | 1,078,858 | 1,387,971 | −309,113 | 38.1 | 0% |
| 2021 | 1,479,296 | 890,897 | 588,399 | 75.7 | 0% |
| 2022 | 959,485 | 1,074,825 | −115,340 | 54.5 | 0% |
| 2023 | 1,049,932 | 1,195,609 | −145,677 | 49.5 | 0% |
In its most recent public year (2023), this organization spent $145,677 more than it brought in. Its reserves stood at about 49.5 months of spending, up from 38.3 in 2011. Staff pay was 0% of spending. $4,859,688 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
Raritan Valley Community College Foundation'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