Southwest Virginia Community College Educational Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,076,509 | 923,268 | 153,241 | 221.9 | 3% |
| 2012 | 848,846 | 848,559 | 287 | 240.1 | 4% |
| 2013 | 688,224 | 765,570 | −77,346 | 284.1 | 4% |
| 2014 | 3,826,092 | 891,719 | 2,934,373 | 307.6 | 8% |
| 2015 | 797,206 | 1,125,350 | −328,144 | 244.2 | 7% |
| 2016 | 1,113,746 | 896,193 | 217,553 | 306.5 | 10% |
| 2017 | 1,447,941 | 914,870 | 533,071 | 329.1 | 4% |
| 2018 | 1,413,719 | 945,710 | 468,009 | 338.4 | 8% |
| 2019 | 2,354,650 | 1,353,808 | 1,000,842 | 258.3 | 6% |
| 2020 | 2,079,482 | 1,774,614 | 304,868 | 197.3 | 5% |
| 2021 | 2,219,934 | 1,469,025 | 750,909 | 298.6 | 7% |
| 2022 | 19,001,638 | 1,465,032 | 17,536,606 | 268.5 | 2% |
| 2023 | 5,257,626 | 2,814,358 | 2,443,268 | 158.3 | 11% |
In its most recent public year (2023), this organization brought in $2,443,268 more than it spent. Its reserves stood at about 158.3 months of spending, down from 221.9 in 2011. Staff pay was 11% of spending. $11,781,365 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
Southwest Virginia 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