Lenoir Community College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 464,918 | 318,279 | 146,639 | 144.3 | 0% |
| 2013 | 667,991 | 399,301 | 268,690 | 123.1 | 0% |
| 2014 | 887,919 | 435,889 | 452,030 | 125.2 | 0% |
| 2015 | 957,227 | 766,693 | 190,534 | 74.2 | 23% |
| 2016 | 956,123 | 678,161 | 277,962 | 88.8 | 23% |
| 2017 | 1,635,919 | 797,622 | 838,297 | 88.1 | 19% |
| 2018 | 4,028,182 | 842,334 | 3,185,848 | 128.8 | 19% |
| 2019 | 1,998,088 | 1,038,563 | 959,525 | 115.5 | 16% |
| 2020 | 1,768,334 | 977,896 | 790,438 | 132.4 | 20% |
| 2021 | 1,514,133 | 671,256 | 842,877 | 217.7 | 0% |
| 2022 | 1,221,463 | 628,545 | 592,918 | 222.1 | 0% |
| 2023 | 2,078,687 | 2,036,489 | 42,198 | 73.2 | 0% |
| 2024 | 1,488,735 | 949,866 | 538,869 | 176.2 | 0% |
In its most recent public year (2024), this organization brought in $538,869 more than it spent. Its reserves stood at about 176.2 months of spending, up from 144.3 in 2012. Staff pay was 0% of spending. $8,260,865 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 2024. 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
Lenoir Community College Foundation Inc's IRS filings as a feed — one entry per filing year, through 2024. 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