Long Beach City College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,355,879 | 2,544,204 | 811,675 | 64.4 | 7% |
| 2012 | 3,518,287 | 2,750,924 | 767,363 | 60.9 | 6% |
| 2013 | 3,857,166 | 3,526,105 | 331,061 | 50.5 | 5% |
| 2014 | 5,519,754 | 5,236,055 | 283,699 | 37.8 | 3% |
| 2015 | 6,503,005 | 5,408,849 | 1,094,156 | 35.8 | 4% |
| 2016 | 3,764,927 | 5,045,805 | −1,280,878 | 35.3 | 4% |
| 2017 | 4,430,612 | 4,831,470 | −400,858 | 38.7 | 3% |
| 2018 | 5,393,370 | 3,797,984 | 1,595,386 | 55.2 | 25% |
| 2019 | 4,025,027 | 4,376,823 | −351,796 | 47.0 | 12% |
| 2020 | 3,105,660 | 2,792,164 | 313,496 | 72.6 | 20% |
| 2021 | 4,038,343 | 2,365,898 | 1,672,445 | 113.7 | 25% |
| 2022 | 9,933,898 | 2,676,142 | 7,257,756 | 116.3 | 26% |
| 2023 | 5,980,552 | 3,202,159 | 2,778,393 | 112.5 | 24% |
In its most recent public year (2023), this organization brought in $2,778,393 more than it spent. Its reserves stood at about 112.5 months of spending, up from 64.4 in 2011. Staff pay was 24% of spending. $26,347,780 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
Long Beach City 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