Mount Vernon Nazarene University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 53,684,239 | 49,057,942 | 4,626,297 | 14.5 | 34% |
| 2012 | 51,971,013 | 51,337,915 | 633,098 | 13.9 | 34% |
| 2013 | 51,380,464 | 50,169,969 | 1,210,495 | 14.8 | 34% |
| 2014 | 56,732,662 | 51,276,402 | 5,456,260 | 15.9 | 31% |
| 2015 | 55,793,573 | 51,020,020 | 4,773,553 | 17.2 | 31% |
| 2016 | 54,863,133 | 50,890,613 | 3,972,520 | 18.1 | 30% |
| 2017 | 56,085,136 | 54,223,616 | 1,861,520 | 17.7 | 29% |
| 2018 | 57,023,867 | 55,849,314 | 1,174,553 | 17.6 | 28% |
| 2019 | 2,994,734 | 4,789,140 | −1,794,406 | 206.9 | 64% |
| 2020 | 60,602,306 | 59,542,938 | 1,059,368 | 16.8 | 26% |
| 2021 | 70,192,718 | 61,289,266 | 8,903,452 | 18.9 | 26% |
| 2022 | 63,465,382 | 64,716,074 | −1,250,692 | 16.7 | 25% |
| 2023 | 65,850,690 | 64,990,645 | 860,045 | 17.1 | 27% |
In its most recent public year (2023), this organization brought in $860,045 more than it spent. Its reserves stood at about 17.1 months of spending, up from 14.5 in 2011. Staff pay was 27% of spending. $23,695,373 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
Mount Vernon Nazarene University'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