Mountain Empire Community College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,247,696 | 585,137 | 1,662,559 | 239.5 | 30% |
| 2012 | 1,478,424 | 735,026 | 743,398 | 215.8 | 25% |
| 2013 | 3,655,724 | 689,557 | 2,966,167 | 306.4 | 23% |
| 2014 | 6,099,641 | 681,077 | 5,418,564 | 386.9 | 26% |
| 2015 | 1,665,534 | 982,771 | 682,763 | 270.0 | 22% |
| 2016 | 1,618,260 | 1,095,136 | 523,124 | 257.4 | 19% |
| 2017 | 1,847,265 | 771,059 | 1,076,206 | 403.9 | 33% |
| 2018 | 1,019,918 | 1,153,933 | −134,015 | 246.1 | 20% |
| 2019 | 2,456,135 | 1,526,930 | 929,205 | 224.5 | 15% |
| 2020 | 2,399,314 | 1,820,790 | 578,524 | 208.1 | 12% |
| 2021 | 2,242,972 | 1,620,624 | 622,348 | 258.1 | 15% |
| 2022 | 2,831,277 | 1,450,841 | 1,380,436 | 254.7 | 18% |
| 2023 | 1,924,022 | 1,600,813 | 323,209 | 265.1 | 29% |
In its most recent public year (2023), this organization brought in $323,209 more than it spent. Its reserves stood at about 265.1 months of spending, up from 239.5 in 2011. Staff pay was 29% of spending. $27,831,022 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
Mountain Empire Community College Foundation'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