South College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 2,770,848 | 222,633 | 2,548,215 | 230.2 | 0% |
| 2011 | 662,008 | 300,780 | 361,228 | 184.8 | 0% |
| 2012 | 427,708 | 257,562 | 170,146 | 223.7 | 0% |
| 2013 | −136,718 | 5,157 | −141,875 | 10843.0 | 0% |
| 2014 | −27,558 | 885 | −28,443 | 62798.0 | 0% |
| 2015 | −167,890 | 851 | −168,741 | 62927.5 | 0% |
| 2016 | −143,495 | 17,460 | −160,955 | 2956.5 | 0% |
| 2017 | 32,001 | 200,012 | −168,011 | 248.0 | 0% |
| 2018 | 92,222 | 216,715 | −124,493 | 222.0 | 0% |
| 2019 | 11,525 | 213,202 | −201,677 | 214.1 | 0% |
| 2020 | 32,761 | 202,132 | −169,371 | 215.8 | 0% |
| 2021 | 147,334 | 206,509 | −59,175 | 203.5 | 0% |
| 2022 | 0 | 194,296 | −194,296 | 204.3 | 0% |
| 2023 | 77,160 | 195,876 | −118,716 | 195.4 | 0% |
In its most recent public year (2023), this organization spent $118,716 more than it brought in. Its reserves stood at about 195.4 months of spending, down from 230.2 in 2010. Staff pay was 0% of spending.
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
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