Rowan-Cabarrus Community College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,061,089 | 903,676 | 157,413 | 29.6 | 0% |
| 2013 | 691,461 | 495,571 | 195,890 | 59.2 | 0% |
| 2014 | 3,626,450 | 394,215 | 3,232,235 | 177.5 | 0% |
| 2015 | 1,470,942 | 2,339,386 | −868,444 | 25.3 | 0% |
| 2016 | 1,218,236 | 500,354 | 717,882 | 131.8 | 0% |
| 2017 | 1,270,446 | 485,188 | 785,258 | 155.4 | 0% |
| 2018 | 3,695,435 | 594,385 | 3,101,050 | 189.4 | 0% |
| 2019 | 1,059,092 | 1,102,794 | −43,702 | 101.9 | 0% |
| 2020 | 628,398 | 736,253 | −107,855 | 151.5 | 0% |
| 2021 | 2,204,485 | 2,040,709 | 163,776 | 55.8 | 0% |
| 2022 | 541,813 | 777,275 | −235,462 | 134.4 | 0% |
| 2023 | 1,212,137 | 644,175 | 567,962 | 173.2 | 0% |
| 2024 | 2,522,999 | 716,185 | 1,806,814 | 186.4 | 0% |
In its most recent public year (2024), this organization brought in $1,806,814 more than it spent. Its reserves stood at about 186.4 months of spending, up from 29.6 in 2012. Staff pay was 0% of spending. $8,046,823 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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