Francis Marion University Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 6,217,531 | 7,243,151 | −1,025,620 | 4.6 | 1% |
| 2013 | 6,399,236 | 5,173,888 | 1,225,348 | 9.2 | 1% |
| 2014 | 6,284,288 | 5,462,457 | 821,831 | 10.5 | 0% |
| 2015 | 6,400,466 | 5,709,823 | 690,643 | 11.5 | 1% |
| 2016 | 6,603,823 | 6,286,013 | 317,810 | 10.8 | 0% |
| 2017 | 6,580,229 | 7,614,988 | −1,034,759 | 7.3 | 0% |
| 2018 | 6,832,862 | 5,353,349 | 1,479,513 | 13.7 | 0% |
| 2019 | 6,198,317 | 5,754,171 | 444,146 | 13.3 | 0% |
| 2020 | 6,292,316 | 5,217,335 | 1,074,981 | 17.2 | 0% |
| 2021 | 6,587,347 | 4,956,596 | 1,630,751 | 22.0 | 7% |
| 2022 | 6,663,284 | 5,208,103 | 1,455,181 | 24.3 | 7% |
| 2023 | 6,730,208 | 5,710,871 | 1,019,337 | 24.3 | 8% |
In its most recent public year (2023), this organization brought in $1,019,337 more than it spent. Its reserves stood at about 24.3 months of spending, up from 4.6 in 2012. Staff pay was 8% of spending.
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
Francis Marion University Development 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