University Of Akron Research Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,806,370 | 6,380,575 | 425,795 | 9.0 | 2% |
| 2012 | 10,265,658 | 10,031,525 | 234,133 | 6.0 | 2% |
| 2013 | 10,928,351 | 9,898,237 | 1,030,114 | 7.7 | 4% |
| 2014 | 11,461,658 | 11,378,718 | 82,940 | 7.4 | 5% |
| 2015 | 11,843,600 | 11,509,730 | 333,870 | 7.7 | 3% |
| 2016 | 7,426,040 | 7,747,895 | −321,855 | 10.4 | 7% |
| 2017 | 6,034,966 | 5,918,186 | 116,780 | 15.4 | 9% |
| 2018 | 4,860,743 | 4,874,509 | −13,766 | 19.8 | 16% |
| 2019 | 3,899,574 | 4,224,226 | −324,652 | 23.1 | 16% |
| 2020 | 3,978,559 | 4,439,433 | −460,874 | 20.7 | 13% |
| 2021 | 3,088,438 | 3,477,548 | −389,110 | 29.9 | 15% |
| 2022 | 3,711,424 | 3,589,647 | 121,777 | 25.3 | 13% |
| 2023 | 3,671,028 | 4,148,716 | −477,688 | 22.2 | 14% |
In its most recent public year (2023), this organization spent $477,688 more than it brought in. Its reserves stood at about 22.2 months of spending, up from 9 in 2011. Staff pay was 14% 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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