Schenectady County Community College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,100,774 | 716,891 | 383,883 | 159.0 | 10% |
| 2021 | 1,897,102 | 1,781,022 | 116,080 | 74.4 | 4% |
| 2022 | 1,084,149 | 869,531 | 214,618 | 133.7 | 15% |
| 2023 | 1,015,038 | 1,219,034 | −203,996 | 98.6 | 12% |
In its most recent public year (2023), this organization spent $203,996 more than it brought in. Its reserves stood at about 98.6 months of spending, down from 159 in 2020. Staff pay was 12% of spending. $7,858,259 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
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