Rainy River Community College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 346,964 | 150,820 | 196,144 | 131.1 | 0% |
| 2012 | 81,012 | 154,465 | −73,453 | 122.3 | 0% |
| 2013 | 447,565 | 132,422 | 315,143 | 171.2 | 0% |
| 2014 | 330,807 | 153,948 | 176,859 | 161.0 | 0% |
| 2015 | 196,714 | 189,073 | 7,641 | 124.4 | 0% |
| 2016 | 183,955 | 204,380 | −20,425 | 105.0 | 0% |
| 2017 | 408,108 | 202,815 | 205,293 | 113.2 | 0% |
| 2018 | 273,204 | 269,497 | 3,707 | 83.4 | 0% |
| 2019 | 209,725 | 244,486 | −34,761 | 90.2 | 0% |
| 2020 | 136,761 | 218,339 | −81,578 | 98.3 | 9% |
| 2021 | 157,068 | 175,089 | −18,021 | 141.5 | 9% |
| 2022 | 259,753 | 154,743 | 105,010 | 132.2 | 1% |
| 2023 | 620,083 | 205,226 | 414,857 | 134.7 | 0% |
In its most recent public year (2023), this organization brought in $414,857 more than it spent. Its reserves stood at about 134.7 months of spending, up from 131.1 in 2011. Staff pay was 0% of spending. $1,569,497 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
Rainy River 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