Florence-Darlington Technical College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 471,350 | 859,648 | −388,298 | 31.9 | 8% |
| 2013 | 891,625 | 683,883 | 207,742 | 43.7 | 11% |
| 2014 | 1,636,517 | 1,346,694 | 289,823 | 26.4 | 3% |
| 2015 | 1,209,168 | 1,409,888 | −200,720 | 23.7 | 3% |
| 2016 | 793,592 | 530,804 | 262,788 | 68.3 | 2% |
| 2017 | 6,296,859 | 2,876,459 | 3,420,400 | 27.4 | 0% |
| 2018 | 2,754,420 | 3,046,986 | −292,566 | 24.9 | 3% |
| 2019 | 635,820 | 4,860,725 | −4,224,905 | 5.2 | 0% |
| 2020 | 688,507 | 370,190 | 318,317 | 76.9 | 0% |
| 2021 | 546,352 | 234,172 | 312,180 | 144.6 | 0% |
| 2022 | 284,921 | 302,868 | −17,947 | 96.6 | 0% |
| 2023 | 579,372 | 471,740 | 107,632 | 68.3 | 0% |
| 2024 | 655,106 | 766,843 | −111,737 | 42.6 | 0% |
In its most recent public year (2024), this organization spent $111,737 more than it brought in. Its reserves stood at about 42.6 months of spending, up from 31.9 in 2012. Staff pay was 0% of spending. $2,668,714 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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