Mt Olive Academic Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 25,501 | 39,591 | −14,090 | 126.9 | — |
| 2012 | 42,652 | 20,572 | 22,080 | 257.0 | — |
| 2013 | 32,452 | 81,111 | −48,659 | 58.2 | — |
| 2014 | 29,310 | 23,103 | 6,207 | 207.6 | — |
| 2015 | 46,025 | 65,382 | −19,357 | 69.8 | — |
| 2016 | 71,735 | 62,959 | 8,776 | 74.2 | — |
| 2017 | 86,633 | 77,699 | 8,934 | 61.5 | — |
| 2018 | 32,715 | 90,970 | −58,255 | 44.8 | — |
| 2019 | 45,627 | 71,201 | −25,574 | 53.0 | — |
| 2020 | 45,086 | 44,138 | 948 | 85.7 | — |
| 2021 | 66,355 | 26,138 | 40,217 | 163.2 | — |
| 2022 | 69,628 | 67,367 | 2,261 | 63.7 | — |
| 2023 | 60,442 | 101,308 | −40,866 | 37.5 | — |
In its most recent public year (2023), this organization spent $40,866 more than it brought in. Its reserves stood at about 37.5 months of spending, down from 126.9 in 2011.
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
Mt Olive Academic 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