Bismarck State College Innovations Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,692,580 | 2,417,225 | 275,355 | 1.4 | 49% |
| 2020 | 3,366,121 | 3,046,748 | 319,373 | 2.3 | 55% |
| 2021 | 1,085,125 | 1,006,585 | 78,540 | 6.6 | 65% |
| 2022 | 12,539 | 155,076 | −142,537 | 31.8 | — |
| 2023 | 0 | 104,020 | −104,020 | 35.5 | — |
In its most recent public year (2023), this organization spent $104,020 more than it brought in. Its reserves stood at about 35.5 months of spending, up from 1.4 in 2019.
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
Bismarck State College Innovations 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