Ave Maria University Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 45,617,754 | 54,004,016 | −8,386,262 | 36.8 | 24% |
| 2021 | 61,745,167 | 54,875,621 | 6,869,546 | 38.4 | 25% |
| 2022 | 75,533,917 | 66,537,880 | 8,996,037 | 32.7 | 25% |
| 2023 | 72,587,422 | 70,134,466 | 2,452,956 | 31.8 | 24% |
In its most recent public year (2023), this organization brought in $2,452,956 more than it spent. Its reserves stood at about 31.8 months of spending, down from 36.8 in 2020. Staff pay was 24% of spending. $33,609,193 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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