Community Foundation Of Lorain County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,707,561 | 4,432,572 | −1,725,011 | 170.0 | 13% |
| 2012 | 6,559,239 | 4,584,180 | 1,975,059 | 186.3 | 13% |
| 2013 | 17,477,463 | 4,976,446 | 12,501,017 | 226.3 | 12% |
| 2014 | 8,336,045 | 5,075,212 | 3,260,833 | 231.3 | 12% |
| 2015 | 15,279,373 | 9,186,145 | 6,093,228 | 129.1 | 7% |
| 2016 | 10,669,020 | 6,701,849 | 3,967,171 | 185.1 | 11% |
| 2017 | 8,159,482 | 7,008,653 | 1,150,829 | 199.9 | 12% |
| 2018 | 11,119,527 | 6,749,658 | 4,369,869 | 193.9 | 12% |
| 2019 | 6,342,538 | 7,396,799 | −1,054,261 | 201.0 | 10% |
| 2020 | 9,715,594 | 7,592,855 | 2,122,739 | 211.2 | 11% |
| 2021 | 27,165,624 | 8,345,790 | 18,819,834 | 203.5 | 11% |
| 2022 | 4,276,372 | 8,387,928 | −4,111,556 | 172.6 | 11% |
| 2023 | 7,945,858 | 8,320,617 | −374,759 | 195.6 | 12% |
In its most recent public year (2023), this organization spent $374,759 more than it brought in. Its reserves stood at about 195.6 months of spending, up from 170 in 2011. Staff pay was 12% of spending. $140,301 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
Community Foundation Of Lorain County'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