Northwood Technical College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 787,383 | 588,269 | 199,114 | 57.4 | 0% |
| 2012 | 590,921 | 565,807 | 25,114 | 60.5 | 0% |
| 2013 | 384,369 | 268,162 | 116,207 | 137.5 | 0% |
| 2014 | 479,857 | 363,348 | 116,509 | 115.9 | 0% |
| 2015 | 630,657 | 387,107 | 243,550 | 114.9 | 0% |
| 2016 | 431,396 | 363,334 | 68,062 | 123.2 | 0% |
| 2017 | 1,273,097 | 377,133 | 895,964 | 146.4 | 0% |
| 2018 | 602,588 | 493,346 | 109,242 | 116.1 | 0% |
| 2019 | 559,900 | 449,535 | 110,365 | 134.3 | 0% |
| 2020 | 337,922 | 470,470 | −132,548 | 128.4 | 0% |
| 2021 | 913,186 | 483,242 | 429,944 | 153.2 | 0% |
| 2022 | 843,244 | 589,000 | 254,244 | 109.8 | 0% |
| 2023 | 723,433 | 430,103 | 293,330 | 161.5 | 0% |
In its most recent public year (2023), this organization brought in $293,330 more than it spent. Its reserves stood at about 161.5 months of spending, up from 57.4 in 2011. Staff pay was 0% of spending. $5,580,939 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
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