Mountain Gateway Community College Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 464,262 | 204,697 | 259,565 | 287.4 | 31% |
| 2012 | 476,951 | 216,935 | 260,016 | 283.5 | 32% |
| 2013 | 711,906 | 250,031 | 461,875 | 276.7 | 25% |
| 2014 | 880,763 | 319,075 | 561,688 | 228.7 | 14% |
| 2015 | 942,846 | 390,260 | 552,586 | 195.7 | 10% |
| 2016 | 1,174,848 | 722,339 | 452,509 | 116.8 | 7% |
| 2017 | 1,384,407 | 915,830 | 468,577 | 99.6 | 6% |
| 2018 | 932,400 | 623,299 | 309,101 | 140.2 | 9% |
| 2019 | 1,061,385 | 606,003 | 455,382 | 165.2 | 10% |
| 2020 | 612,679 | 447,979 | 164,700 | 225.1 | 15% |
| 2021 | 862,172 | 550,773 | 311,399 | 198.3 | 16% |
| 2022 | 1,206,418 | 798,694 | 407,724 | 130.4 | 15% |
| 2023 | 433,611 | 664,145 | −230,534 | 167.1 | 0% |
In its most recent public year (2023), this organization spent $230,534 more than it brought in. Its reserves stood at about 167.1 months of spending, down from 287.4 in 2011. Staff pay was 0% of spending. $8,258,338 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 Gateway Community College Educational 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