Inver Hills Community College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 420,723 | 263,120 | 157,603 | 53.3 | 13% |
| 2012 | 360,256 | 269,399 | 90,857 | 56.0 | 13% |
| 2013 | 619,677 | 391,520 | 228,157 | 46.6 | 10% |
| 2014 | 1,091,119 | 404,002 | 687,117 | 68.9 | 10% |
| 2015 | 600,714 | 555,759 | 44,955 | 51.1 | 3% |
| 2016 | 1,034,663 | 454,476 | 580,187 | 76.9 | 4% |
| 2017 | 732,734 | 663,002 | 69,732 | 56.9 | 3% |
| 2018 | 418,457 | 561,429 | −142,972 | 66.4 | 0% |
| 2019 | 254,775 | 401,579 | −146,804 | 93.2 | 0% |
| 2020 | 365,019 | 332,881 | 32,138 | 110.8 | 0% |
| 2021 | 377,267 | 331,119 | 46,148 | 130.3 | 0% |
| 2022 | 246,969 | 285,365 | −38,396 | 138.9 | 0% |
| 2023 | 562,128 | 304,142 | 257,986 | 138.1 | 0% |
| 2024 | 446,191 | 362,764 | 83,427 | 121.1 | 0% |
In its most recent public year (2024), this organization brought in $83,427 more than it spent. Its reserves stood at about 121.1 months of spending, up from 53.3 in 2011. Staff pay was 0% of spending. $2,769,188 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
Inver Hills Community 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