Manhattan Area Technical College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 252,576 | 257,116 | −4,540 | 4.7 | 16% |
| 2012 | 119,532 | 77,728 | 41,804 | 22.0 | 16% |
| 2013 | 59,970 | 60,971 | −1,001 | 27.8 | 0% |
| 2014 | 109,242 | 70,878 | 38,364 | 30.4 | 0% |
| 2015 | 28,130 | 37,486 | −9,356 | 53.9 | — |
| 2016 | 185,128 | 223,452 | −38,324 | 6.6 | — |
| 2017 | 777,084 | 305,817 | 471,267 | 23.4 | 0% |
| 2018 | 137,816 | 287,532 | −149,716 | 18.7 | — |
| 2019 | 444,654 | 250,910 | 193,744 | 30.7 | 0% |
| 2020 | 98,168 | 106,875 | −8,707 | 71.2 | 0% |
| 2021 | 61,634 | 35,118 | 26,516 | 225.7 | 0% |
In its most recent public year (2021), this organization brought in $26,516 more than it spent. Its reserves stood at about 225.7 months of spending, up from 4.7 in 2011. Staff pay was 0% of spending.
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 2021. 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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