Fergus Area College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 618,598 | 219,930 | 398,668 | 189.4 | 0% |
| 2012 | 309,647 | 221,115 | 88,532 | 197.9 | 0% |
| 2013 | 441,485 | 299,149 | 142,336 | 162.9 | 0% |
| 2014 | 636,272 | 321,085 | 315,187 | 179.7 | 0% |
| 2015 | 1,329,714 | 276,417 | 1,053,297 | 214.0 | 0% |
| 2016 | 423,855 | 403,375 | 20,480 | 147.6 | 0% |
| 2017 | 571,202 | 451,127 | 120,075 | 145.4 | 0% |
| 2018 | 1,090,628 | 577,980 | 512,648 | 126.7 | 0% |
| 2019 | 1,059,071 | 932,182 | 126,889 | 81.7 | 15% |
| 2020 | 247,277 | 401,450 | −154,173 | 188.8 | 37% |
| 2021 | 1,540,639 | 434,855 | 1,105,784 | 208.3 | 36% |
| 2022 | 750,954 | 617,667 | 133,287 | 128.4 | 0% |
| 2023 | 636,942 | 533,184 | 103,758 | 158.4 | 0% |
| 2024 | 633,355 | 389,901 | 243,454 | 240.9 | 0% |
In its most recent public year (2024), this organization brought in $243,454 more than it spent. Its reserves stood at about 240.9 months of spending, up from 189.4 in 2011. Staff pay was 0% of spending. $6,141,472 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
Fergus Area 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