Milwaukee Area Technical College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,555,770 | 10,162,491 | 393,279 | 23.4 | 0% |
| 2021 | 13,698,836 | 8,652,385 | 5,046,451 | 40.0 | 0% |
| 2022 | 18,292,742 | 9,507,486 | 8,785,256 | 41.7 | 0% |
| 2023 | 15,371,502 | 12,615,686 | 2,755,816 | 36.2 | 0% |
In its most recent public year (2023), this organization brought in $2,755,816 more than it spent. Its reserves stood at about 36.2 months of spending, up from 23.4 in 2020. Staff pay was 0% of spending. $36,440,028 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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