Northeast Alabama Community College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 706,961 | 56,288 | 650,673 | 229.7 | 0% |
| 2021 | 167,765 | 114,109 | 53,656 | 118.9 | 0% |
| 2022 | 104,998 | 83,802 | 21,196 | 165.0 | 0% |
| 2023 | 112,422 | 105,120 | 7,302 | 132.4 | 0% |
In its most recent public year (2023), this organization brought in $7,302 more than it spent. Its reserves stood at about 132.4 months of spending, down from 229.7 in 2020. Staff pay was 0% of spending. $913,262 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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