Georgia Highlands College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,833,487 | 1,135,162 | 698,325 | 53.9 | 0% |
| 2021 | 1,440,554 | 1,065,681 | 374,873 | 50.5 | 0% |
| 2022 | 928,746 | 557,084 | 371,662 | 95.2 | 0% |
| 2023 | 1,130,739 | 807,377 | 323,362 | 75.2 | 0% |
| 2024 | 2,404,057 | 1,581,796 | 822,261 | 48.8 | 0% |
In its most recent public year (2024), this organization brought in $822,261 more than it spent. Its reserves stood at about 48.8 months of spending, down from 53.9 in 2020. Staff pay was 0% of spending. $5,959,335 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 2024. 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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