North Hennepin Community College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 189,921 | 133,209 | 56,712 | 87.3 | 0% |
| 2013 | 317,557 | 313,339 | 4,218 | 37.3 | 7% |
| 2014 | 400,441 | 279,424 | 121,017 | 47.0 | 10% |
| 2015 | 461,865 | 558,623 | −96,758 | 21.4 | 8% |
| 2016 | 621,808 | 782,799 | −160,991 | 12.1 | 11% |
| 2017 | 481,502 | 534,000 | −52,498 | 18.3 | 42% |
| 2018 | 557,210 | 381,566 | 175,644 | 31.3 | 56% |
| 2019 | 667,154 | 515,322 | 151,832 | 25.8 | 43% |
| 2020 | 761,981 | 547,700 | 214,281 | 28.0 | 40% |
| 2021 | 522,569 | 509,661 | 12,908 | 35.1 | 43% |
| 2022 | 836,236 | 723,912 | 112,324 | 21.8 | 28% |
| 2023 | 700,897 | 453,153 | 247,744 | 44.0 | 33% |
| 2024 | 958,755 | 499,139 | 459,616 | 52.9 | 22% |
In its most recent public year (2024), this organization brought in $459,616 more than it spent. Its reserves stood at about 52.9 months of spending, down from 87.3 in 2012. Staff pay was 22% of spending. $2,037,827 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
North Hennepin 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