Ohio Foundation Of Independent Colleges Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,100,523 | 4,231,198 | −130,675 | 13.6 | 18% |
| 2012 | 4,571,494 | 4,587,368 | −15,874 | 12.3 | 18% |
| 2013 | 4,451,496 | 4,410,958 | 40,538 | 13.4 | 18% |
| 2014 | 5,066,369 | 4,456,609 | 609,760 | 15.8 | 19% |
| 2015 | 5,146,906 | 4,321,192 | 825,714 | 18.1 | 19% |
| 2016 | 4,131,685 | 4,554,212 | −422,527 | 15.8 | 18% |
| 2017 | 4,592,825 | 4,526,845 | 65,980 | 16.9 | 21% |
| 2018 | 3,938,071 | 4,324,030 | −385,959 | 17.1 | 20% |
| 2019 | 3,874,316 | 4,101,685 | −227,369 | 17.9 | 22% |
| 2020 | 4,155,775 | 3,574,336 | 581,439 | 22.8 | 23% |
| 2021 | 4,357,939 | 4,626,306 | −268,367 | 20.1 | 17% |
| 2022 | 4,168,054 | 3,658,988 | 509,066 | 22.0 | 24% |
| 2023 | 4,506,221 | 4,252,857 | 253,364 | 20.5 | 16% |
In its most recent public year (2023), this organization brought in $253,364 more than it spent. Its reserves stood at about 20.5 months of spending, up from 13.6 in 2011. Staff pay was 16% of spending. $6,758,941 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
Ohio Foundation Of Independent Colleges Inc's IRS filings as a feed — one entry per filing year, through 2023. 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