Southern Connecticut State University Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 4,230,378 | 3,077,386 | 1,152,992 | 187.7 | 0% |
| 2022 | 6,766,792 | 3,583,782 | 3,183,010 | 149.9 | 0% |
| 2023 | 4,744,595 | 4,131,363 | 613,232 | 143.6 | 0% |
| 2024 | 5,023,090 | 5,175,087 | −151,997 | 124.7 | 0% |
In its most recent public year (2024), this organization spent $151,997 more than it brought in. Its reserves stood at about 124.7 months of spending, down from 187.7 in 2021. Staff pay was 0% of spending. $48,930,504 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 2024. 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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