Middlesex Coummunity College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 350,057 | 352,746 | −2,689 | 150.6 | 0% |
| 2012 | 759,876 | 286,079 | 473,797 | 206.8 | 0% |
| 2013 | 750,275 | 332,130 | 418,145 | 192.0 | 0% |
| 2014 | 579,802 | 362,788 | 217,014 | 185.3 | 0% |
| 2015 | 325,414 | 202,631 | 122,783 | 334.7 | 0% |
| 2016 | 478,536 | 254,893 | 223,643 | 269.6 | 0% |
| 2017 | 434,321 | 263,767 | 170,554 | 282.9 | 0% |
| 2018 | 1,434,144 | 498,423 | 935,721 | 171.4 | 0% |
| 2019 | 1,199,310 | 1,066,365 | 132,945 | 81.6 | 0% |
| 2020 | 1,338,294 | 905,662 | 432,632 | 102.6 | 0% |
| 2021 | 1,032,499 | 1,156,663 | −124,164 | 86.2 | 0% |
| 2022 | 1,662,026 | 1,244,150 | 417,876 | 73.3 | 0% |
| 2023 | 2,214,557 | 1,543,722 | 670,835 | 66.4 | 0% |
In its most recent public year (2023), this organization brought in $670,835 more than it spent. Its reserves stood at about 66.4 months of spending, down from 150.6 in 2011. Staff pay was 0% of spending. $5,747,881 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
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