Foundation For Pierce College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 589,820 | 602,613 | −12,793 | 4.1 | 23% |
| 2012 | 254,270 | 213,384 | 40,886 | 10.8 | 33% |
| 2013 | 721,592 | 699,104 | 22,488 | 3.4 | 13% |
| 2014 | 724,162 | 830,421 | −106,259 | 1.3 | 10% |
| 2015 | 774,769 | 801,662 | −26,893 | 0.9 | 7% |
| 2016 | 533,523 | 778,706 | −245,183 | -2.9 | 8% |
| 2017 | 58,944 | 71,945 | −13,001 | -33.2 | 38% |
| 2018 | 28,814 | 18,843 | 9,971 | -110.2 | 6% |
| 2019 | 86,292 | 81,467 | 4,825 | 127.5 | 0% |
| 2020 | 233,820 | 33,657 | 200,163 | 384.6 | 0% |
| 2021 | 431,489 | 179,428 | 252,061 | 88.1 | 0% |
| 2022 | 472,707 | 118,263 | 354,444 | 135.9 | 0% |
| 2023 | 164,969 | 214,392 | −49,423 | 56.1 | 0% |
| 2024 | 218,978 | 75,965 | 143,013 | 195.4 | 0% |
In its most recent public year (2024), this organization brought in $143,013 more than it spent. Its reserves stood at about 195.4 months of spending, up from 4.1 in 2011. Staff pay was 0% of spending. $600,426 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 2024. 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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