The University Of North Florida Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 17,666,626 | 10,777,868 | 6,888,758 | 201.1 | 26% |
| 2022 | 37,925,600 | 16,560,780 | 21,364,820 | 136.8 | 19% |
| 2023 | 17,199,983 | 18,487,513 | −1,287,530 | 130.1 | 19% |
In its most recent public year (2023), this organization spent $1,287,530 more than it brought in. Its reserves stood at about 130.1 months of spending, down from 201.1 in 2021. Staff pay was 19% 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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