Friends Of Universite Laval
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 58,405 | 85,785 | −27,380 | 0.7 | — |
| 2019 | 52,875 | 27,650 | 25,225 | 13.1 | — |
| 2020 | 123,852 | 150,660 | −26,808 | 0.3 | — |
| 2021 | 27,766 | 27,700 | 66 | 1.5 | — |
| 2022 | 52,069 | 6,575 | 45,494 | 89.1 | — |
| 2023 | 79,995 | 52,825 | 27,170 | 17.3 | — |
In its most recent public year (2023), this organization brought in $27,170 more than it spent. Its reserves stood at about 17.3 months of spending, up from 0.7 in 2018.
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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