Mansfield University Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,504,585 | 1,095,151 | 409,434 | 270.0 | 23% |
| 2022 | 1,561,227 | 1,059,075 | 502,152 | 246.2 | 23% |
| 2023 | 1,203,957 | 1,228,690 | −24,733 | 224.1 | 17% |
In its most recent public year (2023), this organization spent $24,733 more than it brought in. Its reserves stood at about 224.1 months of spending, down from 270 in 2021. Staff pay was 17% of spending. $20,225,922 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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