The University Of Toledo Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 24,765,835 | 15,642,918 | 9,122,917 | 150.3 | 8% |
| 2012 | 21,338,020 | 16,916,477 | 4,421,543 | 141.1 | 9% |
| 2013 | 27,554,971 | 16,744,477 | 10,810,494 | 161.9 | 12% |
| 2014 | 43,829,744 | 16,280,071 | 27,549,673 | 197.7 | 15% |
| 2015 | 37,779,257 | 19,669,413 | 18,109,844 | 166.7 | 15% |
| 2016 | 28,576,786 | 20,592,946 | 7,983,840 | 152.6 | 16% |
| 2017 | 29,599,699 | 20,226,641 | 9,373,058 | 171.4 | 3% |
| 2018 | 60,986,434 | 21,831,112 | 39,155,322 | 182.7 | 15% |
| 2019 | 31,636,221 | 23,761,725 | 7,874,496 | 171.7 | 16% |
| 2020 | 37,806,830 | 22,804,329 | 15,002,501 | 175.1 | 20% |
| 2021 | 41,543,760 | 21,399,976 | 20,143,784 | 234.2 | 21% |
| 2022 | 29,398,271 | 25,808,043 | 3,590,228 | 177.2 | 19% |
| 2023 | 29,920,252 | 28,195,347 | 1,724,905 | 167.9 | 20% |
In its most recent public year (2023), this organization brought in $1,724,905 more than it spent. Its reserves stood at about 167.9 months of spending, up from 150.3 in 2011. Staff pay was 20% of spending. $325,842,461 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
The University Of Toledo 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