Concordia College Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 124,754,951 | 111,776,936 | 12,978,015 | 22.4 | 36% |
| 2012 | 122,604,072 | 115,284,827 | 7,319,245 | 22.0 | 35% |
| 2013 | 121,378,447 | 118,341,969 | 3,036,478 | 22.7 | 34% |
| 2014 | 126,380,144 | 121,338,952 | 5,041,192 | 23.5 | 34% |
| 2015 | 130,852,449 | 118,209,957 | 12,642,492 | 25.6 | 34% |
| 2017 | 128,066,957 | 116,531,129 | 11,535,828 | 28.5 | 34% |
| 2018 | 137,442,483 | 122,611,548 | 14,830,935 | 27.8 | 33% |
| 2019 | 142,633,362 | 130,329,546 | 12,303,816 | 27.2 | 32% |
| 2020 | 145,887,806 | 133,694,145 | 12,193,661 | 26.4 | 31% |
| 2021 | 127,833,637 | 118,627,463 | 9,206,174 | 34.1 | 30% |
| 2022 | 105,812,516 | 101,345,334 | 4,467,182 | 38.4 | 37% |
| 2023 | 93,695,769 | 105,477,757 | −11,781,988 | 35.9 | 36% |
In its most recent public year (2023), this organization spent $11,781,988 more than it brought in. Its reserves stood at about 35.9 months of spending, up from 22.4 in 2011. Staff pay was 36% of spending. $188,348,461 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
Concordia College Corporation'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