Alpena Community College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 907,861 | 344,040 | 563,821 | 178.7 | 0% |
| 2012 | 201,854 | 320,248 | −118,394 | 187.6 | 0% |
| 2013 | 1,044,613 | 327,771 | 716,842 | 209.5 | 0% |
| 2014 | 1,434,548 | 393,733 | 1,040,815 | 206.1 | 0% |
| 2015 | 407,361 | 1,859,310 | −1,451,949 | 34.3 | 0% |
| 2016 | 291,085 | 394,812 | −103,727 | 158.3 | 0% |
| 2017 | 1,103,135 | 385,094 | 718,041 | 184.6 | 0% |
| 2018 | 2,809,514 | 436,116 | 2,373,398 | 228.3 | 0% |
| 2019 | 2,076,813 | 565,393 | 1,511,420 | 208.2 | 0% |
| 2020 | 608,477 | 1,678,422 | −1,069,945 | 62.5 | 0% |
| 2021 | 3,064,621 | 1,962,906 | 1,101,715 | 60.2 | 0% |
| 2022 | −1,752,125 | 708,494 | −2,460,619 | 125.0 | 0% |
| 2023 | 3,992,248 | 2,153,143 | 1,839,105 | 51.4 | 0% |
In its most recent public year (2023), this organization brought in $1,839,105 more than it spent. Its reserves stood at about 51.4 months of spending, down from 178.7 in 2011. Staff pay was 0% of spending. $6,910,909 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
Alpena 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