Sowela Technical Community College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 30,324 | 2,057,833 | −2,027,509 | 7.4 | 0% |
| 2011 | 126,600 | 150,747 | −24,147 | 97.6 | 0% |
| 2012 | 159,172 | 171,322 | −12,150 | 85.0 | 0% |
| 2013 | 270,955 | 383,643 | −112,688 | 34.4 | 0% |
| 2014 | 1,581,488 | 1,632,756 | −51,268 | 7.7 | 0% |
| 2015 | 1,180,749 | 1,338,432 | −157,683 | 7.9 | 0% |
| 2016 | 812,714 | 469,649 | 343,065 | 31.5 | 0% |
| 2017 | 749,872 | 685,365 | 64,507 | 23.6 | 0% |
| 2018 | 3,637,161 | 1,410,403 | 2,226,758 | 32.9 | 0% |
| 2019 | 1,446,863 | 1,314,339 | 132,524 | 37.2 | 0% |
| 2020 | 1,003,306 | 2,200,693 | −1,197,387 | 15.8 | 0% |
| 2021 | 2,405,987 | 1,945,825 | 460,162 | 20.9 | 0% |
| 2022 | 2,156,354 | 2,555,421 | −399,067 | 13.2 | 0% |
| 2023 | 2,355,535 | 2,105,323 | 250,212 | 17.8 | 0% |
In its most recent public year (2023), this organization brought in $250,212 more than it spent. Its reserves stood at about 17.8 months of spending, up from 7.4 in 2010. Staff pay was 0% of spending. $2,814,852 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
Sowela Technical 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