Independent College Fund Of Maryland Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,060,429 | 1,090,974 | −30,545 | 3.8 | 22% |
| 2012 | 1,165,405 | 1,170,384 | −4,979 | 3.6 | 21% |
| 2013 | 962,148 | 995,670 | −33,522 | 4.0 | 20% |
| 2014 | 465,840 | 484,237 | −18,397 | 7.6 | 11% |
| 2015 | 100,183 | 114,648 | −14,465 | 30.5 | 0% |
| 2016 | 405,131 | 360,581 | 44,550 | 10.3 | 0% |
| 2017 | 322,691 | 322,282 | 409 | 12.1 | 0% |
| 2018 | 420,592 | 385,564 | 35,028 | 12.7 | 0% |
| 2019 | 405,095 | 456,372 | −51,277 | 9.4 | 0% |
| 2020 | 300,499 | 258,148 | 42,351 | 18.5 | 0% |
| 2021 | 321,387 | 313,366 | 8,021 | 17.9 | 0% |
| 2022 | 131,973 | 179,979 | −48,006 | 23.9 | 0% |
| 2023 | 189,067 | 167,817 | 21,250 | 28.1 | 0% |
In its most recent public year (2023), this organization brought in $21,250 more than it spent. Its reserves stood at about 28.1 months of spending, up from 3.8 in 2011. Staff pay was 0% of spending. $381,037 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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