Lake Region Community College Foundation Of Devils Lake
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 544,929 | 366,491 | 178,438 | 157.0 | 0% |
| 2012 | 491,318 | 310,216 | 181,102 | 193.2 | 0% |
| 2013 | 577,111 | 369,168 | 207,943 | 180.6 | 0% |
| 2014 | 1,223,954 | 649,098 | 574,856 | 125.2 | 0% |
| 2015 | 2,005,750 | 629,954 | 1,375,796 | 155.5 | 0% |
| 2016 | 1,429,694 | 996,496 | 433,198 | 102.5 | 0% |
| 2017 | 1,144,231 | 774,681 | 369,550 | 150.7 | 0% |
| 2018 | 593,664 | 910,139 | −316,475 | 131.6 | 0% |
| 2019 | 1,179,522 | 943,706 | 235,816 | 134.8 | 0% |
| 2020 | 1,590,240 | 1,447,899 | 142,341 | 93.4 | 0% |
| 2021 | 1,219,808 | 1,422,460 | −202,652 | 114.7 | 0% |
| 2022 | 1,632,081 | 884,661 | 747,420 | 171.0 | 0% |
| 2023 | 867,689 | 699,603 | 168,086 | 232.6 | 7% |
In its most recent public year (2023), this organization brought in $168,086 more than it spent. Its reserves stood at about 232.6 months of spending, up from 157 in 2011. Staff pay was 7% of spending. $13,072,605 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
Lake Region Community College Foundation Of Devils Lake'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