University Of Toledo Alumni Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 593,406 | 575,414 | 17,992 | 9.9 | 3% |
| 2012 | 470,989 | 527,757 | −56,768 | 8.2 | 8% |
| 2013 | 509,289 | 443,749 | 65,540 | 14.4 | 4% |
| 2014 | 511,910 | 418,880 | 93,030 | 20.6 | 4% |
| 2015 | 461,764 | 383,763 | 78,001 | 22.5 | 2% |
| 2016 | 383,006 | 488,803 | −105,797 | 12.9 | 0% |
| 2017 | 559,425 | 548,775 | 10,650 | 13.5 | 0% |
| 2018 | 646,773 | 624,333 | 22,440 | 11.0 | 0% |
| 2019 | 499,655 | 530,867 | −31,212 | 11.9 | 0% |
| 2020 | 517,659 | 420,885 | 96,774 | 14.9 | 0% |
| 2021 | 694,914 | 232,093 | 462,821 | 110.1 | 0% |
| 2022 | 410,253 | 526,384 | −116,131 | 41.9 | 0% |
| 2023 | 479,751 | 588,209 | −108,458 | 36.4 | 0% |
In its most recent public year (2023), this organization spent $108,458 more than it brought in. Its reserves stood at about 36.4 months of spending, up from 9.9 in 2011. Staff pay was 0% 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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