Middlesex Community College Foundation Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 143,311 | 141,068 | 2,243 | 39.0 | 0% |
| 2012 | 159,677 | 161,640 | −1,963 | 31.6 | 0% |
| 2013 | 125,736 | 124,493 | 1,243 | 44.1 | 0% |
| 2014 | 181,096 | 122,088 | 59,008 | 52.4 | 0% |
| 2015 | 251,952 | 155,548 | 96,404 | 48.9 | 0% |
| 2016 | 201,969 | 175,016 | 26,953 | 44.3 | 0% |
| 2017 | 170,357 | 162,697 | 7,660 | 51.5 | 0% |
| 2018 | 196,746 | 157,439 | 39,307 | 58.2 | 0% |
| 2019 | 185,051 | 172,390 | 12,661 | 55.3 | 0% |
| 2020 | 210,567 | 148,564 | 62,003 | 70.4 | 0% |
| 2021 | 292,116 | 172,506 | 119,610 | 79.8 | 0% |
| 2022 | 485,056 | 291,885 | 193,171 | 48.2 | 0% |
| 2023 | 371,828 | 314,273 | 57,555 | 47.9 | 0% |
| 2024 | 198,743 | 170,950 | 27,793 | 95.4 | 0% |
In its most recent public year (2024), this organization brought in $27,793 more than it spent. Its reserves stood at about 95.4 months of spending, up from 39 in 2011. Staff pay was 0% of spending. $1,356,329 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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