The University Of Fondwa Usa Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 48,495 | 46,168 | 2,327 | 10.6 | — |
| 2012 | 14,666 | 14,666 | 0 | 33.4 | — |
| 2014 | 115,066 | 115,590 | −524 | 0.8 | — |
| 2015 | 206,443 | 188,109 | 18,334 | 1.7 | 0% |
| 2016 | 340,709 | 355,399 | −14,690 | 0.4 | 0% |
| 2017 | 353,045 | 355,279 | −2,234 | 0.3 | 0% |
| 2018 | 392,965 | 383,950 | 9,015 | 0.6 | 0% |
| 2019 | 740,304 | 678,072 | 62,232 | 1.4 | 0% |
| 2020 | 313,996 | 375,031 | −61,035 | 0.6 | 0% |
| 2021 | 1,011,301 | 989,095 | 22,206 | 0.5 | 0% |
| 2022 | 2,683,940 | 1,144,179 | 1,539,761 | 16.6 | 0% |
| 2023 | 863,821 | 1,762,794 | −898,973 | 4.7 | 0% |
In its most recent public year (2023), this organization spent $898,973 more than it brought in. Its reserves stood at about 4.7 months of spending, down from 10.6 in 2011. Staff pay was 0% of spending. $681,215 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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