Montgomery College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,638,655 | 4,526,593 | 1,112,062 | 81.1 | 0% |
| 2012 | 5,098,343 | 5,486,411 | −388,068 | 63.0 | 0% |
| 2013 | 6,874,558 | 4,991,617 | 1,882,941 | 75.3 | 0% |
| 2014 | 10,115,296 | 5,311,298 | 4,803,998 | 81.2 | 0% |
| 2015 | 7,000,737 | 10,961,048 | −3,960,311 | 33.9 | 0% |
| 2016 | 6,856,496 | 5,832,918 | 1,023,578 | 66.3 | 0% |
| 2017 | 6,403,407 | 6,507,273 | −103,866 | 62.6 | 0% |
| 2018 | 7,997,707 | 7,519,065 | 478,642 | 56.4 | 0% |
| 2019 | 8,143,793 | 7,009,939 | 1,133,854 | 62.6 | 0% |
| 2020 | 10,001,256 | 7,483,657 | 2,517,599 | 60.7 | 0% |
| 2021 | 9,683,948 | 6,857,023 | 2,826,925 | 82.6 | 0% |
| 2022 | 9,502,498 | 6,343,229 | 3,159,269 | 78.7 | 0% |
| 2023 | 7,471,758 | 7,246,628 | 225,130 | 73.3 | 0% |
In its most recent public year (2023), this organization brought in $225,130 more than it spent. Its reserves stood at about 73.3 months of spending, down from 81.1 in 2011. Staff pay was 0% of spending. $42,903,384 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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