Normandale Community College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 472,818 | 510,755 | −37,937 | 40.9 | 19% |
| 2012 | 454,436 | 501,416 | −46,980 | 39.3 | 21% |
| 2013 | 646,858 | 536,983 | 109,875 | 40.9 | 17% |
| 2014 | 930,122 | 645,826 | 284,296 | 40.5 | 10% |
| 2015 | 865,965 | 777,867 | 88,098 | 35.3 | 0% |
| 2016 | 1,330,566 | 932,765 | 397,801 | 33.4 | 0% |
| 2017 | 1,861,513 | 1,072,298 | 789,215 | 40.1 | 0% |
| 2018 | 1,200,148 | 1,137,817 | 62,331 | 38.1 | 0% |
| 2019 | 1,944,529 | 1,108,803 | 835,726 | 48.6 | 0% |
| 2020 | 1,133,081 | 931,314 | 201,767 | 59.6 | 0% |
| 2021 | 1,175,067 | 983,362 | 191,705 | 64.2 | 17% |
| 2022 | 2,819,852 | 1,122,352 | 1,697,500 | 67.1 | 16% |
| 2023 | 1,872,144 | 1,642,247 | 229,897 | 47.7 | 19% |
In its most recent public year (2023), this organization brought in $229,897 more than it spent. Its reserves stood at about 47.7 months of spending, up from 40.9 in 2011. Staff pay was 19% of spending. $5,411,865 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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