Concordia University Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,649,802 | 1,570,157 | 79,645 | 25.0 | 45% |
| 2012 | 1,695,093 | 1,883,064 | −187,971 | 19.4 | 42% |
| 2013 | 1,697,754 | 1,575,942 | 121,812 | 26.8 | 57% |
| 2014 | 3,779,603 | 1,885,883 | 1,893,720 | 35.5 | 56% |
| 2015 | 2,091,050 | 1,967,991 | 123,059 | 34.7 | 57% |
| 2016 | 1,900,687 | 1,998,395 | −97,708 | 32.6 | 54% |
| 2017 | 2,539,358 | 2,196,604 | 342,754 | 33.1 | 53% |
| 2018 | 2,668,423 | 2,278,810 | 389,613 | 35.1 | 55% |
| 2019 | 2,130,577 | 2,134,409 | −3,832 | 38.1 | 56% |
| 2020 | 1,805,709 | 1,978,485 | −172,776 | 40.1 | 61% |
| 2021 | 1,549,969 | 1,829,541 | −279,572 | 51.2 | 56% |
| 2022 | 2,799,233 | 2,087,181 | 712,052 | 44.4 | 53% |
| 2023 | 849,586 | 2,914,561 | −2,064,975 | 23.3 | 38% |
In its most recent public year (2023), this organization spent $2,064,975 more than it brought in. Its reserves stood at about 23.3 months of spending, down from 25 in 2011. Staff pay was 38% of spending. $7,738,581 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
Concordia University Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works