Northland Community College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 527,918 | 320,212 | 207,706 | 115.1 | 0% |
| 2012 | 333,149 | 392,746 | −59,597 | 92.0 | 7% |
| 2013 | 368,944 | 523,177 | −154,233 | 65.5 | 6% |
| 2014 | 528,960 | 413,985 | 114,975 | 84.0 | 7% |
| 2015 | 319,565 | 421,554 | −101,989 | 79.8 | 7% |
| 2016 | 1,369,129 | 244,591 | 1,124,538 | 194.0 | 12% |
| 2017 | 806,472 | 749,406 | 57,066 | 66.3 | 0% |
| 2018 | 871,921 | 811,152 | 60,769 | 62.1 | 2% |
| 2019 | 801,524 | 848,876 | −47,352 | 60.9 | 13% |
| 2020 | 758,739 | 963,833 | −205,094 | 55.6 | 9% |
| 2021 | 535,195 | 758,535 | −223,340 | 77.4 | 2% |
| 2022 | 892,597 | 1,304,694 | −412,097 | 44.8 | 2% |
| 2023 | 862,978 | 1,140,901 | −277,923 | 47.2 | 2% |
In its most recent public year (2023), this organization spent $277,923 more than it brought in. Its reserves stood at about 47.2 months of spending, down from 115.1 in 2011. Staff pay was 2% of spending. $2,971,709 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
Northland 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