Macomb Community College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,375,369 | 862,131 | 513,238 | 223.2 | 0% |
| 2013 | 1,608,960 | 900,492 | 708,468 | 231.9 | 0% |
| 2014 | 1,401,673 | 1,104,189 | 297,484 | 209.6 | 0% |
| 2015 | 3,888,243 | 1,154,335 | 2,733,908 | 222.7 | 0% |
| 2016 | 2,077,012 | 2,021,256 | 55,756 | 123.8 | 0% |
| 2017 | 2,087,918 | 2,165,184 | −77,266 | 123.9 | 0% |
| 2018 | 2,572,664 | 1,724,563 | 848,101 | 163.2 | 0% |
| 2019 | 2,170,985 | 1,489,859 | 681,126 | 197.6 | 0% |
| 2020 | 2,168,963 | 1,461,919 | 707,044 | 209.0 | 0% |
| 2021 | 2,951,409 | 1,221,790 | 1,729,619 | 316.9 | 0% |
| 2022 | 3,382,262 | 1,868,254 | 1,514,008 | 170.5 | 0% |
| 2023 | 7,148,915 | 2,157,624 | 4,991,291 | 183.3 | 0% |
In its most recent public year (2023), this organization brought in $4,991,291 more than it spent. Its reserves stood at about 183.3 months of spending, down from 223.2 in 2012. Staff pay was 0% of spending. $17,724,898 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
Macomb 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