Itasca Cmmunity College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 220,239 | 248,137 | −27,898 | 195.1 | 31% |
| 2012 | 268,818 | 299,768 | −30,950 | 152.8 | 21% |
| 2013 | 277,718 | 332,414 | −54,696 | 151.3 | 28% |
| 2014 | 362,227 | 388,090 | −25,863 | 147.0 | 24% |
| 2015 | 462,982 | 483,896 | −20,914 | 116.6 | 19% |
| 2016 | 28,443 | 346,874 | −318,431 | 151.7 | 24% |
| 2017 | 1,140,084 | 324,671 | 815,413 | 182.2 | 20% |
| 2018 | 946,515 | 359,012 | 587,503 | 184.4 | 26% |
| 2019 | 848,822 | 400,000 | 448,822 | 179.0 | 20% |
| 2020 | 3,235,707 | 3,566,078 | −330,371 | 18.8 | 2% |
| 2021 | 931,890 | 2,099,045 | −1,167,155 | 31.8 | 3% |
| 2022 | −301,295 | 419,027 | −720,322 | 138.7 | 16% |
| 2023 | 488,996 | 454,710 | 34,286 | 138.5 | 18% |
| 2024 | 696,604 | 410,978 | 285,626 | 170.4 | 18% |
In its most recent public year (2024), this organization brought in $285,626 more than it spent. Its reserves stood at about 170.4 months of spending, down from 195.1 in 2011. Staff pay was 18% of spending. $5,842,659 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
Itasca Cmmunity College 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