Operating record

Des Moines Area Community College Foundation

Ankeny, IA · EIN 23-7229486 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$5,786,802$3,404,603$2,382,19968.50%
2021$3,727,961$2,777,585$950,376104.40%
2022$4,357,178$2,295,698$2,061,480110.50%
2023$4,758,849$4,155,776$603,07366.00%

In its most recent public year (2023), this organization brought in $603,073 more than it spent. Its reserves stood at about 66 months of spending, down from 68.5 in 2020. Staff pay was 0% of spending. $21,228,200 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 ↗