Skagit Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,187,305 | 458,356 | 728,949 | 116.3 | 19% |
| 2012 | 513,380 | 392,596 | 120,784 | 136.6 | 22% |
| 2013 | 333,481 | 490,353 | −156,872 | 115.9 | 11% |
| 2014 | 386,632 | 453,477 | −66,845 | 125.2 | 12% |
| 2015 | 768,727 | 519,597 | 249,130 | 113.2 | 10% |
| 2016 | 854,388 | 527,752 | 326,636 | 121.0 | 10% |
| 2017 | 893,578 | 434,682 | 458,896 | 163.6 | 12% |
| 2018 | 1,241,725 | 493,874 | 747,851 | 157.3 | 11% |
| 2019 | 667,565 | 782,828 | −115,263 | 110.9 | 10% |
| 2020 | 846,795 | 1,132,389 | −285,594 | 80.1 | 6% |
| 2021 | 3,505,191 | 1,355,917 | 2,149,274 | 88.6 | 6% |
| 2022 | 896,437 | 1,346,092 | −449,655 | 73.6 | 8% |
| 2023 | 5,607,402 | 2,447,835 | 3,159,567 | 60.9 | 7% |
In its most recent public year (2023), this organization brought in $3,159,567 more than it spent. Its reserves stood at about 60.9 months of spending, down from 116.3 in 2011. Staff pay was 7% of spending. $1,100,000 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
Skagit Community 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