Modesto Junior College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 304,330 | 478,988 | −174,658 | 176.9 | 34% |
| 2012 | 293,919 | 336,485 | −42,566 | 250.1 | 44% |
| 2013 | 593,342 | 384,310 | 209,032 | 241.6 | 41% |
| 2014 | 1,532,196 | 527,376 | 1,004,820 | 223.9 | 29% |
| 2015 | 1,027,346 | 961,526 | 65,820 | 123.6 | 0% |
| 2016 | 1,005,148 | 924,626 | 80,522 | 128.2 | 0% |
| 2017 | 2,473,811 | 882,061 | 1,591,750 | 167.6 | 0% |
| 2018 | 976,788 | 905,096 | 71,692 | 167.4 | 0% |
| 2019 | 1,778,351 | 930,452 | 847,899 | 175.6 | 0% |
| 2020 | 965,566 | 1,009,052 | −43,486 | 149.3 | 0% |
| 2021 | 989,609 | 1,105,017 | −115,408 | 165.0 | 0% |
| 2022 | 2,466,848 | 1,371,624 | 1,095,224 | 129.3 | 0% |
| 2023 | 2,585,082 | 1,314,029 | 1,271,053 | 154.0 | 0% |
In its most recent public year (2023), this organization brought in $1,271,053 more than it spent. Its reserves stood at about 154 months of spending, down from 176.9 in 2011. Staff pay was 0% of spending. $16,231,147 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
Modesto Junior College 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