Mcdowell Technical Community College Foundation Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,849 | 11,311 | −5,462 | 336.9 | 0% |
| 2012 | 9,001 | 16,281 | −7,280 | 228.8 | 0% |
| 2013 | 16,680 | 34,595 | −17,915 | 100.9 | 0% |
| 2014 | 181,410 | 19,095 | 162,315 | 295.6 | 0% |
| 2015 | 137,339 | 111,705 | 25,634 | 52.8 | 0% |
| 2016 | 181,257 | 86,728 | 94,529 | 79.2 | 0% |
| 2017 | 134,338 | 64,076 | 70,262 | 124.3 | 0% |
| 2018 | 41,942 | 158,363 | −116,421 | 42.2 | 0% |
| 2019 | 31,253 | 25,217 | 6,036 | 269.0 | 0% |
| 2020 | 147,252 | 120,187 | 27,065 | 58.0 | 0% |
| 2021 | 66,448 | 31,125 | 35,323 | 274.4 | 0% |
| 2022 | 197,208 | 18,332 | 178,876 | 519.9 | 0% |
| 2023 | 126,356 | 159,252 | −32,896 | 59.0 | 0% |
| 2024 | 764,001 | 205,895 | 558,106 | 80.4 | 0% |
In its most recent public year (2024), this organization brought in $558,106 more than it spent. Its reserves stood at about 80.4 months of spending, down from 336.9 in 2011. Staff pay was 0% of spending. $1,364,804 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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