Salt Lake Community College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 701,879 | 519,298 | 182,581 | 157.6 | 0% |
| 2012 | 826,233 | 617,430 | 208,803 | 134.9 | 0% |
| 2013 | 1,515,883 | 886,796 | 629,087 | 100.4 | 0% |
| 2014 | 1,935,871 | 1,540,815 | 395,056 | 64.9 | 0% |
| 2015 | 2,070,803 | 1,401,513 | 669,290 | 74.9 | 0% |
| 2016 | 3,678,822 | 2,802,390 | 876,432 | 38.8 | 0% |
| 2017 | 4,137,416 | 2,422,772 | 1,714,644 | 56.8 | 0% |
| 2018 | 4,202,598 | 2,300,383 | 1,902,215 | 71.6 | 0% |
| 2019 | 8,657,386 | 2,579,626 | 6,077,760 | 73.3 | 0% |
| 2020 | 5,095,836 | 3,259,275 | 1,836,561 | 63.8 | 0% |
| 2021 | 7,299,896 | 3,773,145 | 3,526,751 | 76.5 | 0% |
| 2022 | 4,345,877 | 3,299,695 | 1,046,182 | 80.1 | 0% |
| 2023 | 16,495,458 | 3,735,082 | 12,760,376 | 117.0 | 0% |
In its most recent public year (2023), this organization brought in $12,760,376 more than it spent. Its reserves stood at about 117 months of spending, down from 157.6 in 2011. Staff pay was 0% of spending. $33,171,642 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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