University Risk Mgt & Ins Assn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,005,815 | 903,943 | 101,872 | 36.4 | 44% |
| 2021 | 1,321,658 | 1,204,656 | 117,002 | 31.9 | 32% |
| 2022 | 1,983,190 | 1,759,435 | 223,755 | 20.7 | 28% |
| 2023 | 2,386,068 | 2,174,436 | 211,632 | 18.7 | 30% |
In its most recent public year (2023), this organization brought in $211,632 more than it spent. Its reserves stood at about 18.7 months of spending, down from 36.4 in 2020. Staff pay was 30% 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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