North Central Michigan College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 601,953 | 410,440 | 191,513 | 191.2 | 0% |
| 2013 | 390,186 | 5,222,888 | −4,832,702 | 4.1 | 0% |
| 2014 | 1,631,276 | 214,867 | 1,416,409 | 182.5 | 0% |
| 2015 | 394,378 | 300,084 | 94,294 | 132.3 | 0% |
| 2016 | 328,238 | 484,814 | −156,576 | 77.5 | 0% |
| 2017 | 1,502,084 | 398,666 | 1,103,418 | 127.0 | 0% |
| 2018 | 1,060,220 | 592,347 | 467,873 | 95.6 | 0% |
| 2019 | 2,358,981 | 813,411 | 1,545,570 | 92.9 | 0% |
| 2020 | 990,861 | 769,897 | 220,964 | 97.7 | 0% |
| 2021 | 3,124,282 | 3,592,111 | −467,829 | 21.9 | 0% |
| 2022 | 3,633,911 | 2,326,740 | 1,307,171 | 60.3 | 0% |
| 2023 | 1,923,087 | 1,424,916 | 498,171 | 105.8 | 0% |
In its most recent public year (2023), this organization brought in $498,171 more than it spent. Its reserves stood at about 105.8 months of spending, down from 191.2 in 2012. Staff pay was 0% of spending. $9,446,437 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
North Central Michigan 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