Cerritos College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,771,428 | 1,130,023 | 641,405 | 34.5 | 10% |
| 2012 | 1,320,370 | 1,545,528 | −225,158 | 23.4 | 5% |
| 2013 | 1,669,109 | 1,568,400 | 100,709 | 24.9 | 3% |
| 2014 | 1,962,210 | 1,616,656 | 345,554 | 29.2 | 3% |
| 2015 | 1,519,897 | 1,469,615 | 50,282 | 33.7 | 4% |
| 2016 | 1,975,162 | 1,824,447 | 150,715 | 28.1 | 3% |
| 2017 | 2,165,195 | 2,020,576 | 144,619 | 26.9 | 3% |
| 2018 | 2,674,534 | 2,595,597 | 78,937 | 21.3 | 7% |
| 2019 | 1,640,008 | 1,372,705 | 267,303 | 44.4 | 19% |
| 2020 | 4,363,745 | 1,686,004 | 2,677,741 | 55.0 | 14% |
| 2021 | 3,563,306 | 1,404,329 | 2,158,977 | 90.8 | 14% |
| 2022 | 1,450,422 | 1,971,564 | −521,142 | 54.8 | 8% |
| 2023 | 1,721,299 | 2,006,936 | −285,637 | 54.6 | 9% |
In its most recent public year (2023), this organization spent $285,637 more than it brought in. Its reserves stood at about 54.6 months of spending, up from 34.5 in 2011. Staff pay was 9% of spending. $8,329,456 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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