Delaware State University Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 16,875,299 | 6,240,762 | 10,634,537 | 56.1 | 0% |
| 2022 | 19,092,791 | 8,745,735 | 10,347,056 | 49.9 | 0% |
| 2023 | 14,796,790 | 12,076,158 | 2,720,632 | 40.9 | 0% |
In its most recent public year (2023), this organization brought in $2,720,632 more than it spent. Its reserves stood at about 40.9 months of spending, down from 56.1 in 2021. Staff pay was 0% of spending. $14,599,809 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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