Sturgis Area Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 827,667 | 614,386 | 213,281 | 416.2 | 14% |
| 2013 | 1,266,879 | 740,009 | 526,870 | 360.8 | 12% |
| 2014 | 2,518,439 | 1,143,603 | 1,374,836 | 244.4 | 8% |
| 2015 | 2,063,008 | 1,217,507 | 845,501 | 234.3 | 8% |
| 2016 | 196,785 | 1,304,440 | −1,107,655 | 203.3 | 8% |
| 2017 | 1,374,835 | 1,039,988 | 334,847 | 270.1 | 10% |
| 2018 | 1,616,490 | 1,050,841 | 565,649 | 282.2 | 11% |
| 2019 | 1,067,953 | 1,113,032 | −45,079 | 252.8 | 13% |
| 2020 | 2,274,844 | 1,284,550 | 990,294 | 201.7 | 10% |
| 2021 | 1,477,015 | 1,168,873 | 308,142 | 288.1 | 11% |
| 2022 | 4,555,632 | 1,291,845 | 3,263,787 | 265.3 | 11% |
| 2023 | 1,257,420 | 2,379,512 | −1,122,092 | 131.1 | 8% |
| 2024 | 3,009,420 | 2,260,587 | 748,833 | 162.4 | 9% |
In its most recent public year (2024), this organization brought in $748,833 more than it spent. Its reserves stood at about 162.4 months of spending, down from 416.2 in 2012. Staff pay was 9% of spending. $26,919,492 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
Sturgis Area Community Foundation'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