Hennepin Technical College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 455,153 | 327,338 | 127,815 | 42.5 | 0% |
| 2013 | 864,571 | 717,222 | 147,349 | 21.8 | 0% |
| 2014 | 1,430,933 | 1,239,833 | 191,100 | 14.5 | 0% |
| 2015 | 2,005,945 | 1,936,705 | 69,240 | 9.7 | 0% |
| 2016 | 1,607,889 | 1,503,192 | 104,697 | 13.1 | 0% |
| 2017 | 877,409 | 941,602 | −64,193 | 21.8 | 0% |
| 2018 | 1,037,229 | 903,029 | 134,200 | 25.4 | 0% |
| 2019 | 1,397,759 | 989,069 | 408,690 | 28.6 | 0% |
| 2020 | 1,421,964 | 1,265,537 | 156,427 | 23.4 | 0% |
| 2021 | 952,026 | 706,186 | 245,840 | 51.4 | 0% |
| 2022 | 1,171,808 | 1,446,340 | −274,532 | 20.5 | 0% |
| 2023 | 1,938,154 | 1,807,355 | 130,799 | 18.0 | 0% |
| 2024 | 1,709,517 | 1,687,084 | 22,433 | 20.5 | 0% |
In its most recent public year (2024), this organization brought in $22,433 more than it spent. Its reserves stood at about 20.5 months of spending, down from 42.5 in 2012. Staff pay was 0% of spending. $2,666,623 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
Hennepin Technical 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