Mineral Area College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 84,580 | 98,422 | −13,842 | 338.5 | 0% |
| 2012 | 110,107 | 592,698 | −482,591 | 46.8 | 0% |
| 2013 | 252,554 | 415,137 | −162,583 | 64.8 | 0% |
| 2014 | 597,777 | 100,592 | 497,185 | 350.7 | 0% |
| 2015 | 278,160 | 119,984 | 158,176 | 292.2 | 0% |
| 2016 | 137,916 | 117,645 | 20,271 | 290.4 | 0% |
| 2017 | 379,772 | 118,372 | 261,400 | 341.0 | 0% |
| 2018 | 125,331 | 165,119 | −39,788 | 254.5 | 0% |
| 2019 | 438,383 | 134,292 | 304,091 | 340.1 | 0% |
| 2020 | 148,874 | 163,242 | −14,368 | 278.7 | 0% |
| 2021 | 1,444,379 | 312,724 | 1,131,655 | 188.9 | 0% |
| 2022 | 409,174 | 1,466,911 | −1,057,737 | 31.6 | 0% |
| 2023 | 766,421 | 315,050 | 451,371 | 164.4 | 0% |
In its most recent public year (2023), this organization brought in $451,371 more than it spent. Its reserves stood at about 164.4 months of spending, down from 338.5 in 2011. Staff pay was 0% of spending. $1,730,185 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
Mineral Area College Foundation Inc'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