Clark Summit University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 13,324,626 | 14,112,994 | −788,368 | 6.1 | 49% |
| 2013 | 14,279,579 | 13,623,139 | 656,440 | 6.9 | 51% |
| 2014 | 12,618,904 | 13,886,094 | −1,267,190 | 5.8 | 51% |
| 2015 | 12,290,158 | 13,963,905 | −1,673,747 | 4.4 | 51% |
| 2016 | 11,529,655 | 12,888,113 | −1,358,458 | 3.4 | 49% |
| 2017 | 11,237,706 | 11,668,689 | −430,983 | 3.5 | 48% |
| 2018 | 9,643,620 | 10,249,518 | −605,898 | 3.3 | 45% |
| 2019 | 9,217,741 | 9,173,335 | 44,406 | 3.7 | 46% |
| 2020 | 10,117,091 | 9,286,024 | 831,067 | 4.6 | 44% |
| 2021 | 11,070,983 | 9,773,610 | 1,297,373 | 5.7 | 45% |
| 2022 | 11,847,715 | 10,948,109 | 899,606 | 5.8 | 41% |
| 2023 | 8,972,089 | 10,843,396 | −1,871,307 | 3.6 | 42% |
In its most recent public year (2023), this organization spent $1,871,307 more than it brought in. Its reserves stood at about 3.6 months of spending, down from 6.1 in 2012. Staff pay was 42% of spending. $2,216,029 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
Clark Summit University'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