The University Of Mount Olive Foundaiton
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 879,702 | 1,129,729 | −250,027 | -13.6 | 0% |
| 2012 | 1,490,156 | 1,112,439 | 377,717 | -9.8 | 0% |
| 2013 | 890,573 | 1,109,188 | −218,615 | -12.5 | 0% |
| 2014 | 871,418 | 1,103,215 | −231,797 | -14.8 | 0% |
| 2015 | 873,186 | 1,093,485 | −220,299 | -17.4 | 0% |
| 2016 | 871,556 | 1,082,844 | −211,288 | -19.8 | 0% |
| 2017 | 871,745 | 1,030,686 | −158,941 | -22.5 | 0% |
| 2018 | 872,764 | 998,988 | −126,224 | -24.7 | 0% |
| 2019 | 887,373 | 967,630 | −80,257 | -26.5 | 0% |
| 2020 | 729,401 | 939,098 | −209,697 | -29.8 | 0% |
| 2021 | 193 | 923,960 | −923,767 | -42.3 | 0% |
| 2022 | 958,940 | 908,843 | 50,097 | -42.4 | 0% |
| 2023 | 948,904 | 895,216 | 53,688 | -42.3 | 0% |
In its most recent public year (2023), this organization brought in $53,688 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-42.3 months), down from -13.6 in 2011. Staff pay was 0% 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
The University Of Mount Olive Foundaiton'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