Danville Area Community College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,372,468 | 736,919 | 635,549 | 142.6 | 5% |
| 2013 | 1,290,872 | 613,084 | 677,788 | 186.3 | 7% |
| 2014 | 1,418,890 | 956,430 | 462,460 | 132.0 | 5% |
| 2015 | 1,828,248 | 802,725 | 1,025,523 | 164.3 | 7% |
| 2016 | 4,993,691 | 1,089,325 | 3,904,366 | 158.9 | 9% |
| 2017 | 1,463,098 | 1,191,392 | 271,706 | 153.8 | 8% |
| 2018 | 1,864,283 | 1,297,503 | 566,780 | 146.5 | 8% |
| 2019 | 2,019,254 | 1,098,078 | 921,176 | 183.3 | 10% |
| 2020 | 6,881,540 | 4,087,998 | 2,793,542 | 57.5 | 3% |
| 2021 | 5,762,331 | 2,770,404 | 2,991,927 | 99.0 | 5% |
| 2022 | −303,288 | 1,292,109 | −1,595,397 | 195.6 | 12% |
| 2023 | 2,301,559 | 1,582,498 | 719,061 | 167.4 | 10% |
| 2024 | 2,942,140 | 3,904,827 | −962,687 | 70.0 | 4% |
In its most recent public year (2024), this organization spent $962,687 more than it brought in. Its reserves stood at about 70 months of spending, down from 142.6 in 2012. Staff pay was 4% of spending. $17,282,793 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 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
Danville Area Community College Foundation Inc'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