College Of The Albemarle Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 934,978 | 439,453 | 495,525 | 207.6 | 0% |
| 2012 | 581,363 | 505,852 | 75,511 | 182.5 | 0% |
| 2013 | 940,409 | 604,159 | 336,250 | 165.1 | 22% |
| 2014 | 839,682 | 904,953 | −65,271 | 114.1 | 16% |
| 2015 | 1,105,883 | 715,637 | 390,246 | 148.2 | 20% |
| 2016 | 940,544 | 732,548 | 207,996 | 142.7 | 21% |
| 2017 | 942,459 | 854,459 | 88,000 | 129.1 | 17% |
| 2018 | 5,170,235 | 4,770,914 | 399,321 | 22.5 | 3% |
| 2019 | 1,406,944 | 1,134,526 | 272,418 | 99.4 | 15% |
| 2020 | 1,101,684 | 760,236 | 341,448 | 148.1 | 24% |
| 2021 | 2,862,161 | 1,120,047 | 1,742,114 | 128.0 | 17% |
| 2022 | 1,429,001 | 2,166,647 | −737,646 | 54.2 | 11% |
| 2023 | 1,286,912 | 1,140,706 | 146,206 | 111.6 | 24% |
| 2024 | 1,245,217 | 1,240,628 | 4,589 | 110.0 | 22% |
In its most recent public year (2024), this organization brought in $4,589 more than it spent. Its reserves stood at about 110 months of spending, down from 207.6 in 2011. Staff pay was 22% of spending. $9,140,713 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
College Of The Albemarle 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