Virginia Commonwealth University School Of Business Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,369,455 | 4,565,254 | −1,195,799 | 49.1 | 3% |
| 2013 | 11,421,052 | 6,432,706 | 4,988,346 | 52.2 | 1% |
| 2014 | 12,109,686 | 7,293,648 | 4,816,038 | 51.5 | 0% |
| 2015 | 6,403,393 | 6,255,907 | 147,486 | 60.6 | 0% |
| 2016 | 5,352,577 | 6,058,481 | −705,904 | 56.6 | 0% |
| 2017 | 6,318,672 | 6,478,832 | −160,160 | 60.5 | 0% |
| 2018 | 11,622,167 | 6,988,208 | 4,633,959 | 65.1 | 0% |
| 2019 | 13,934,838 | 6,472,487 | 7,462,351 | 85.6 | 0% |
| 2020 | 9,838,833 | 7,022,347 | 2,816,486 | 79.3 | 0% |
| 2021 | 4,341,602 | 5,212,516 | −870,914 | 140.2 | 1% |
| 2022 | 4,740,746 | 5,119,965 | −379,219 | 121.6 | 2% |
| 2023 | 5,736,553 | 6,713,548 | −976,995 | 101.4 | 2% |
In its most recent public year (2023), this organization spent $976,995 more than it brought in. Its reserves stood at about 101.4 months of spending, up from 49.1 in 2012. Staff pay was 2% of spending. $41,453,656 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
Virginia Commonwealth University School Of Business 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