The Minneapolis Community And Technical College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 642,295 | 672,044 | −29,749 | 60.2 | 0% |
| 2012 | 792,575 | 864,636 | −72,061 | 43.8 | 0% |
| 2013 | 841,337 | 886,847 | −45,510 | 43.3 | 0% |
| 2014 | 1,001,039 | 596,866 | 404,173 | 77.1 | 0% |
| 2015 | 2,538,248 | 980,971 | 1,557,277 | 66.2 | 2% |
| 2016 | 963,995 | 1,348,362 | −384,367 | 43.3 | 0% |
| 2017 | 677,586 | 1,049,326 | −371,740 | 54.6 | 0% |
| 2018 | 1,679,765 | 951,948 | 727,817 | 61.9 | 0% |
| 2019 | 795,044 | 760,915 | 34,129 | 80.3 | 0% |
| 2020 | 1,180,138 | 651,791 | 528,347 | 95.2 | 0% |
| 2021 | 1,561,179 | 642,906 | 918,273 | 137.9 | 0% |
| 2022 | 2,330,993 | 1,251,459 | 1,079,534 | 67.7 | 0% |
| 2023 | 1,180,597 | 1,376,684 | −196,087 | 61.6 | 0% |
| 2024 | 1,021,916 | 1,116,850 | −94,934 | 81.2 | 0% |
In its most recent public year (2024), this organization spent $94,934 more than it brought in. Its reserves stood at about 81.2 months of spending, up from 60.2 in 2011. Staff pay was 0% of spending. $5,895,454 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
The Minneapolis Community And Technical College Foundation Inc'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