Community Foundation Of Carroll County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 4,090,074 | 2,471,611 | 1,618,463 | 37.1 | 14% |
| 2022 | 2,825,004 | 3,339,835 | −514,831 | 20.6 | 14% |
| 2023 | 3,383,434 | 4,083,601 | −700,167 | 17.7 | 17% |
In its most recent public year (2023), this organization spent $700,167 more than it brought in. Its reserves stood at about 17.7 months of spending, down from 37.1 in 2021. Staff pay was 17% of spending. $5,953,939 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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