Foundation For The Los Angeles Community Colleges
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,538,248 | 1,594,898 | −56,650 | 2.6 | 0% |
| 2013 | 542,425 | 563,601 | −21,176 | 7.0 | 0% |
| 2014 | 211,218 | 202,728 | 8,490 | 20.0 | 0% |
| 2015 | 160,631 | 132,068 | 28,563 | 33.2 | — |
| 2016 | 442,223 | 126,202 | 316,021 | 64.8 | 0% |
| 2017 | 419,032 | 326,116 | 92,916 | 85.8 | 0% |
| 2018 | 860,603 | 944,663 | −84,060 | 28.5 | 0% |
| 2019 | 2,048,280 | 1,594,252 | 454,028 | 19.3 | 0% |
| 2020 | 2,875,429 | 2,222,037 | 653,392 | 11.3 | 0% |
| 2021 | 1,789,495 | 1,851,325 | −61,830 | 12.5 | 0% |
| 2022 | 2,978,446 | 2,080,621 | 897,825 | 15.6 | 0% |
| 2023 | 3,663,990 | 1,257,835 | 2,406,155 | 47.1 | 0% |
In its most recent public year (2023), this organization brought in $2,406,155 more than it spent. Its reserves stood at about 47.1 months of spending, up from 2.6 in 2012. Staff pay was 0% of spending. $4,690,078 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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