Laurel Ridge Community College Educational Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,006,867 | 462,354 | 544,513 | 182.4 | 15% |
| 2012 | 1,174,034 | 453,338 | 720,696 | 216.4 | 0% |
| 2013 | 3,603,664 | 606,684 | 2,996,980 | 223.2 | 13% |
| 2014 | 1,801,067 | 1,474,393 | 326,674 | 95.4 | 3% |
| 2015 | 1,866,168 | 1,174,348 | 691,820 | 120.5 | 3% |
| 2016 | 4,415,302 | 1,989,262 | 2,426,040 | 93.2 | 5% |
| 2017 | 3,421,378 | 1,492,642 | 1,928,736 | 144.9 | 0% |
| 2018 | 3,340,251 | 1,384,735 | 1,955,516 | 166.4 | 13% |
| 2019 | 2,171,229 | 1,482,795 | 688,434 | 173.3 | 8% |
| 2020 | 2,606,147 | 1,556,311 | 1,049,836 | 177.8 | 6% |
| 2021 | 2,900,625 | 3,148,529 | −247,904 | 89.4 | 8% |
| 2022 | 4,273,625 | 2,553,148 | 1,720,477 | 112.1 | 7% |
| 2023 | 4,303,212 | 2,513,736 | 1,789,476 | 125.3 | 4% |
In its most recent public year (2023), this organization brought in $1,789,476 more than it spent. Its reserves stood at about 125.3 months of spending, down from 182.4 in 2011. Staff pay was 4% of spending. $12,141,890 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
Laurel Ridge Community College Educational 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