Otsego Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 526,334 | 134,641 | 391,693 | 243.5 | 19% |
| 2012 | 229,814 | 205,484 | 24,330 | 151.4 | 22% |
| 2013 | 223,073 | 235,528 | −12,455 | 145.5 | 23% |
| 2014 | 346,935 | 357,315 | −10,380 | 95.5 | 12% |
| 2015 | 373,884 | 248,378 | 125,506 | 138.5 | 19% |
| 2016 | 1,144,827 | 288,622 | 856,205 | 125.7 | 16% |
| 2017 | 628,818 | 294,969 | 333,849 | 149.6 | 22% |
| 2018 | 1,292,060 | 778,952 | 513,108 | 54.3 | 9% |
| 2019 | 931,594 | 382,060 | 549,534 | 146.2 | 21% |
| 2020 | 834,598 | 564,289 | 270,309 | 116.1 | 17% |
| 2021 | 1,234,595 | 507,231 | 727,364 | 157.8 | 21% |
| 2022 | 4,643,437 | 1,572,787 | 3,070,650 | 63.1 | 10% |
| 2023 | 2,528,294 | 2,124,801 | 403,493 | 51.5 | 8% |
In its most recent public year (2023), this organization brought in $403,493 more than it spent. Its reserves stood at about 51.5 months of spending, down from 243.5 in 2011. Staff pay was 8% of spending. $8,916,344 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
Otsego Community 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