Aquinas College Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 56,537,561 | 55,158,419 | 1,379,142 | 10.8 | 27% |
| 2012 | 65,824,753 | 57,471,420 | 8,353,333 | 10.8 | 27% |
| 2013 | 61,546,532 | 59,468,971 | 2,077,561 | 11.3 | 26% |
| 2014 | 65,750,672 | 59,294,358 | 6,456,314 | 13.2 | 26% |
| 2015 | 66,808,189 | 60,452,496 | 6,355,693 | 13.5 | 26% |
| 2016 | 67,267,485 | 60,689,521 | 6,577,964 | 14.9 | 26% |
| 2017 | 69,568,190 | 58,565,714 | 11,002,476 | 18.6 | 26% |
| 2018 | 64,923,645 | 61,439,544 | 3,484,101 | 18.9 | 24% |
| 2019 | 58,852,733 | 62,211,496 | −3,358,763 | 18.2 | 27% |
| 2020 | 57,861,871 | 61,599,079 | −3,737,208 | 17.8 | 28% |
| 2021 | 65,312,354 | 59,946,129 | 5,366,225 | 20.8 | 26% |
| 2022 | 60,566,331 | 62,222,103 | −1,655,772 | 17.8 | 26% |
| 2023 | 52,349,488 | 62,364,652 | −10,015,164 | 16.7 | 25% |
In its most recent public year (2023), this organization spent $10,015,164 more than it brought in. Its reserves stood at about 16.7 months of spending, up from 10.8 in 2011. Staff pay was 25% of spending. $56,091,973 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
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