Monmouth-Independence Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 99,850 | 36,831 | 63,019 | 146.6 | — |
| 2012 | 98,901 | 38,600 | 60,301 | 167.9 | 0% |
| 2013 | 353,558 | 53,221 | 300,337 | 209.7 | 0% |
| 2014 | 162,873 | 53,023 | 109,850 | 247.0 | 0% |
| 2015 | 65,918 | 33,692 | 32,226 | 368.7 | 0% |
| 2016 | 68,171 | 49,358 | 18,813 | 277.7 | 0% |
| 2017 | 330,271 | 75,435 | 254,836 | 250.3 | 0% |
| 2018 | 198,912 | 64,497 | 134,415 | 275.1 | 0% |
| 2019 | 129,543 | 44,884 | 84,659 | 488.4 | 0% |
| 2020 | 89,267 | 57,840 | 31,427 | 424.3 | 0% |
| 2021 | 191,499 | 65,903 | 125,596 | 433.6 | 0% |
| 2023 | 472,978 | 88,868 | 384,110 | 376.1 | 0% |
In its most recent public year (2023), this organization brought in $384,110 more than it spent. Its reserves stood at about 376.1 months of spending, up from 146.6 in 2011. Staff pay was 0% of spending. $2,617,821 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
Monmouth-Independence 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