Vance Granville Community College Endowment Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 175,403 | 132,020 | 43,383 | 374.1 | 0% |
| 2013 | 195,775 | 64,682 | 131,093 | 834.2 | 2% |
| 2014 | 348,016 | 122,603 | 225,413 | 491.9 | 2% |
| 2015 | 691,345 | 164,881 | 526,464 | 395.4 | 0% |
| 2016 | 367,819 | 169,592 | 198,227 | 393.7 | 0% |
| 2017 | 779,210 | 201,260 | 577,950 | 386.5 | 0% |
| 2018 | 389,229 | 254,498 | 134,731 | 326.3 | 0% |
| 2019 | 538,231 | 457,250 | 80,981 | 189.3 | 0% |
| 2020 | 376,388 | 420,033 | −43,645 | 207.4 | 0% |
| 2021 | 816,829 | 312,535 | 504,294 | 354.6 | 0% |
| 2022 | 584,124 | 396,449 | 187,675 | 269.4 | 0% |
| 2023 | 1,200,673 | 305,574 | 895,099 | 379.8 | 0% |
| 2024 | 577,547 | 455,006 | 122,541 | 278.0 | 0% |
In its most recent public year (2024), this organization brought in $122,541 more than it spent. Its reserves stood at about 278 months of spending, down from 374.1 in 2012. Staff pay was 0% of spending. $10,016,089 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
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