Northern New Mexico College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 535,977 | 261,355 | 274,622 | 196.3 | 0% |
| 2021 | 864,071 | 269,382 | 594,689 | 231.1 | 0% |
| 2022 | 257,566 | 335,133 | −77,567 | 166.2 | 0% |
| 2023 | 5,439,336 | 463,357 | 4,975,979 | 249.1 | 0% |
In its most recent public year (2023), this organization brought in $4,975,979 more than it spent. Its reserves stood at about 249.1 months of spending, up from 196.3 in 2020. Staff pay was 0% of spending. $9,769,708 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
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