Wilkes Community College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,304,892 | 3,176,359 | 128,533 | 25.9 | 0% |
| 2021 | 4,676,496 | 2,987,824 | 1,688,672 | 34.4 | 0% |
| 2022 | 8,211,087 | 3,998,510 | 4,212,577 | 35.9 | 0% |
| 2023 | 4,620,622 | 3,545,675 | 1,074,947 | 44.9 | 0% |
In its most recent public year (2023), this organization brought in $1,074,947 more than it spent. Its reserves stood at about 44.9 months of spending, up from 25.9 in 2020. Staff pay was 0% of spending. $8,174,517 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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