Franklin Pierce University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 89,944,344 | 87,235,043 | 2,709,301 | 5.4 | 24% |
| 2021 | 91,825,890 | 86,507,467 | 5,318,423 | 6.5 | 24% |
| 2022 | 91,004,046 | 87,262,013 | 3,742,033 | 6.5 | 25% |
| 2023 | 85,806,266 | 86,816,801 | −1,010,535 | 6.4 | 25% |
In its most recent public year (2023), this organization spent $1,010,535 more than it brought in. Its reserves stood at about 6.4 months of spending. Staff pay was 25% of spending. $12,000,730 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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