The Bridgewater State University Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,856,442 | 979,380 | 877,062 | 263.2 | 0% |
| 2012 | 4,366,972 | 925,508 | 3,441,464 | 300.2 | 0% |
| 2013 | 2,185,267 | 1,622,358 | 562,909 | 184.7 | 0% |
| 2014 | 2,063,042 | 1,387,640 | 675,402 | 257.4 | 0% |
| 2015 | 4,813,709 | 1,595,978 | 3,217,731 | 239.3 | 0% |
| 2016 | 3,454,065 | 1,885,722 | 1,568,343 | 206.7 | 0% |
| 2017 | 3,297,915 | 2,023,893 | 1,274,022 | 214.2 | 0% |
| 2018 | 12,599,851 | 2,197,495 | 10,402,356 | 258.0 | 0% |
| 2019 | 3,866,908 | 2,167,337 | 1,699,571 | 273.3 | 0% |
| 2020 | 2,500,474 | 3,076,931 | −576,457 | 191.4 | 0% |
| 2021 | 3,495,548 | 2,928,325 | 567,223 | 238.6 | 0% |
| 2022 | 8,431,786 | 4,098,012 | 4,333,774 | 161.1 | 0% |
| 2023 | 6,345,488 | 5,365,276 | 980,212 | 136.7 | 0% |
In its most recent public year (2023), this organization brought in $980,212 more than it spent. Its reserves stood at about 136.7 months of spending, down from 263.2 in 2011. Staff pay was 0% of spending. $40,747,601 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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