Hazard Independent College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 233,042 | 264,188 | −31,146 | 28.6 | 22% |
| 2012 | 239,170 | 261,097 | −21,927 | 28.3 | 22% |
| 2013 | 22,088 | 421,322 | −399,234 | 6.4 | 12% |
| 2014 | 159,917 | 86,860 | 73,057 | 40.9 | 17% |
| 2015 | 24,088 | 37,641 | −13,553 | 94.0 | 0% |
| 2016 | 18,793 | 36,484 | −17,691 | 93.3 | 0% |
| 2017 | 16,628 | 17,507 | −879 | 200.9 | — |
| 2018 | 43,143 | 48,948 | −5,805 | 75.2 | — |
| 2019 | 24,648 | 44,805 | −20,157 | 77.7 | — |
| 2020 | 50,509 | 29,601 | 20,908 | 132.2 | — |
| 2021 | 60,260 | 24,756 | 35,504 | 189.3 | — |
| 2022 | 59,443 | 65,286 | −5,843 | 67.4 | — |
| 2023 | 156,515 | 115,417 | 41,098 | 44.1 | — |
In its most recent public year (2023), this organization brought in $41,098 more than it spent. Its reserves stood at about 44.1 months of spending, up from 28.6 in 2011.
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
Hazard Independent 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