Olivet Nazarene University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 101,226,845 | 100,174,158 | 1,052,687 | 12.6 | 29% |
| 2012 | 110,645,670 | 106,475,358 | 4,170,312 | 12.3 | 29% |
| 2013 | 115,724,077 | 113,735,154 | 1,988,923 | 11.7 | 27% |
| 2014 | 130,150,886 | 126,889,146 | 3,261,740 | 10.8 | 27% |
| 2015 | 141,627,397 | 140,247,606 | 1,379,791 | 9.9 | 27% |
| 2016 | 144,395,314 | 149,230,185 | −4,834,871 | 8.9 | 27% |
| 2017 | 152,434,576 | 159,488,086 | −7,053,510 | 7.8 | 24% |
| 2018 | 153,470,459 | 151,147,124 | 2,323,335 | 8.5 | 25% |
| 2019 | 150,236,873 | 150,780,575 | −543,702 | 8.6 | 25% |
| 2020 | 145,296,157 | 149,885,601 | −4,589,444 | 8.1 | 24% |
| 2021 | 144,202,716 | 140,079,343 | 4,123,373 | 9.4 | 24% |
| 2022 | 142,248,844 | 143,704,720 | −1,455,876 | 8.6 | 23% |
| 2023 | 148,624,413 | 142,538,178 | 6,086,235 | 9.4 | 24% |
In its most recent public year (2023), this organization brought in $6,086,235 more than it spent. Its reserves stood at about 9.4 months of spending, down from 12.6 in 2011. Staff pay was 24% of spending. $4,986,308 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
Olivet 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