Fiu Athletics Finance Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,605,061 | 3,564,310 | 40,751 | -7.8 | 0% |
| 2012 | 3,544,606 | 3,566,196 | −21,590 | -7.5 | 0% |
| 2013 | 3,610,877 | 5,909,034 | −2,298,157 | -8.7 | 0% |
| 2014 | 3,604,305 | 3,937,317 | −333,012 | -13.9 | 0% |
| 2015 | 3,782,315 | 4,170,057 | −387,742 | -14.4 | 0% |
| 2016 | 3,593,887 | 4,343,138 | −749,251 | -15.9 | 0% |
| 2017 | 4,039,065 | 5,717,498 | −1,678,433 | -15.6 | 0% |
| 2018 | 4,092,049 | 3,864,871 | 227,178 | -22.3 | 0% |
| 2019 | 4,214,209 | 3,404,804 | 809,405 | -22.5 | 0% |
| 2020 | 4,299,867 | 3,851,671 | 448,196 | -18.5 | 0% |
| 2021 | 4,140,251 | 3,914,177 | 226,074 | -17.5 | 0% |
| 2022 | 5,512,012 | 3,796,425 | 1,715,587 | -12.6 | 0% |
| 2023 | 5,721,794 | 6,119,160 | −397,366 | -8.6 | 0% |
In its most recent public year (2023), this organization spent $397,366 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8.6 months). 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
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