North Carolina Community College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 320,675 | 198,428 | 122,247 | 435.9 | 0% |
| 2012 | 371,732 | 206,638 | 165,094 | 412.0 | 0% |
| 2013 | 906,720 | 310,039 | 596,681 | 293.0 | 0% |
| 2014 | 360,598 | 488,753 | −128,155 | 201.2 | 0% |
| 2015 | 429,182 | 222,114 | 207,068 | 442.3 | 0% |
| 2016 | 648,582 | 620,336 | 28,246 | 154.3 | 0% |
| 2017 | 313,284 | 178,578 | 134,706 | 582.5 | 0% |
| 2018 | 532,861 | 176,405 | 356,456 | 624.9 | 0% |
| 2019 | 3,554,743 | 2,229,636 | 1,325,107 | 58.0 | 0% |
| 2020 | 3,372,423 | 2,506,206 | 866,217 | 56.4 | 0% |
| 2021 | 947,030 | 1,334,811 | −387,781 | 114.5 | 0% |
| 2022 | 1,911,646 | 1,522,023 | 389,623 | 85.2 | 0% |
| 2023 | 1,599,199 | 2,049,985 | −450,786 | 62.0 | 1% |
In its most recent public year (2023), this organization spent $450,786 more than it brought in. Its reserves stood at about 62 months of spending, down from 435.9 in 2011. Staff pay was 1% of spending. $3,345,092 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
North Carolina 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