Ridgewater College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 521,602 | 636,393 | −114,791 | 38.8 | 24% |
| 2013 | 600,216 | 643,190 | −42,974 | 39.8 | 26% |
| 2014 | 1,104,837 | 874,812 | 230,025 | 34.6 | 19% |
| 2015 | 1,170,543 | 1,195,378 | −24,835 | 23.7 | 15% |
| 2016 | 1,134,604 | 1,237,906 | −103,302 | 20.8 | 15% |
| 2017 | 1,919,507 | 1,784,094 | 135,413 | 16.3 | 11% |
| 2018 | 1,598,248 | 1,548,851 | 49,397 | 20.0 | 14% |
| 2019 | 1,236,792 | 1,275,367 | −38,575 | 24.5 | 13% |
| 2020 | 1,489,330 | 1,491,078 | −1,748 | 21.0 | 12% |
| 2021 | 1,607,575 | 1,463,822 | 143,753 | 28.3 | 13% |
| 2022 | 1,475,691 | 1,338,985 | 136,706 | 24.3 | 14% |
| 2023 | 2,719,233 | 1,768,311 | 950,922 | 26.1 | 8% |
| 2024 | 1,859,802 | 1,588,194 | 271,608 | 31.6 | 15% |
In its most recent public year (2024), this organization brought in $271,608 more than it spent. Its reserves stood at about 31.6 months of spending, down from 38.8 in 2012. Staff pay was 15% of spending. $3,857,336 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
Ridgewater 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