Kalamazoo Valley Community College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 640,745 | 540,101 | 100,644 | 249.7 | 0% |
| 2013 | 554,675 | 524,014 | 30,661 | 291.9 | 0% |
| 2014 | 703,291 | 607,383 | 95,908 | 295.2 | 0% |
| 2015 | 1,051,624 | 616,361 | 435,263 | 298.1 | 0% |
| 2016 | 4,701,735 | 880,724 | 3,821,011 | 248.5 | 0% |
| 2017 | 1,825,564 | 1,847,342 | −21,778 | 127.4 | 0% |
| 2018 | 1,565,905 | 1,296,622 | 269,283 | 191.3 | 0% |
| 2019 | 1,925,786 | 1,441,007 | 484,779 | 173.3 | 0% |
| 2020 | 1,049,665 | 1,280,565 | −230,900 | 193.3 | 0% |
| 2021 | 2,600,005 | 1,385,361 | 1,214,644 | 235.2 | 0% |
| 2022 | 3,071,272 | 1,481,424 | 1,589,848 | 185.2 | 0% |
| 2023 | 7,196,571 | 9,021,150 | −1,824,579 | 30.8 | 0% |
In its most recent public year (2023), this organization spent $1,824,579 more than it brought in. Its reserves stood at about 30.8 months of spending, down from 249.7 in 2012. Staff pay was 0% of spending. $15,534,157 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
Kalamazoo Valley Community College Foundation'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