Midcoast Senior College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 57,879 | 53,017 | 4,862 | 1.1 | — |
| 2013 | 83,389 | 52,848 | 30,541 | 8.0 | — |
| 2014 | 73,320 | 59,617 | 13,703 | 9.8 | — |
| 2015 | 75,464 | 70,516 | 4,948 | 9.0 | — |
| 2016 | 108,480 | 88,569 | 19,911 | 10.1 | — |
| 2017 | 114,610 | 97,335 | 17,275 | 11.8 | — |
| 2018 | 138,179 | 112,690 | 25,489 | 13.0 | — |
| 2019 | 154,063 | 120,328 | 33,735 | 15.7 | — |
| 2020 | 159,354 | 124,951 | 34,403 | 18.5 | — |
| 2021 | 165,381 | 97,504 | 67,877 | 35.8 | — |
| 2022 | 131,618 | 107,410 | 24,208 | 31.5 | — |
| 2023 | 124,405 | 132,949 | −8,544 | 25.0 | — |
| 2024 | 134,143 | 143,390 | −9,247 | 23.8 | — |
In its most recent public year (2024), this organization spent $9,247 more than it brought in. Its reserves stood at about 23.8 months of spending, up from 1.1 in 2012.
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
Midcoast Senior College's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works