Monmouth University Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 261,817,017 | 260,074,930 | 1,742,087 | 16.7 | 36% |
| 2021 | 255,716,503 | 256,110,405 | −393,902 | 18.1 | 35% |
| 2022 | 269,032,523 | 267,428,151 | 1,604,372 | 16.8 | 34% |
| 2023 | 274,830,004 | 261,711,486 | 13,118,518 | 18.0 | 34% |
In its most recent public year (2023), this organization brought in $13,118,518 more than it spent. Its reserves stood at about 18 months of spending, up from 16.7 in 2020. Staff pay was 34% of spending. $122,685,402 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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