The Los Angeles Valley College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,554,398 | 939,742 | 614,656 | 79.3 | 11% |
| 2021 | 1,002,829 | 589,805 | 413,024 | 159.0 | 18% |
| 2022 | 1,304,931 | 925,368 | 379,563 | 85.7 | 10% |
| 2023 | 2,734,384 | 740,028 | 1,994,356 | 147.2 | 8% |
In its most recent public year (2023), this organization brought in $1,994,356 more than it spent. Its reserves stood at about 147.2 months of spending, up from 79.3 in 2020. Staff pay was 8% of spending. $8,471,493 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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