Davenport University Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,055,354 | 892,099 | 1,163,255 | 273.3 | 0% |
| 2012 | 2,145,500 | 983,233 | 1,162,267 | 245.4 | 0% |
| 2013 | 2,415,325 | 1,017,433 | 1,397,892 | 261.6 | 0% |
| 2014 | 3,796,062 | 2,174,452 | 1,621,610 | 140.1 | 0% |
| 2015 | 7,826,911 | 2,502,679 | 5,324,232 | 140.9 | 0% |
| 2016 | 1,854,432 | 1,418,156 | 436,276 | 244.7 | 0% |
| 2017 | 2,649,750 | 3,116,031 | −466,281 | 112.6 | 0% |
| 2018 | 3,870,237 | 1,401,675 | 2,468,562 | 267.9 | 0% |
| 2019 | 1,912,889 | 1,641,377 | 271,512 | 234.9 | 0% |
| 2020 | 2,369,564 | 1,552,045 | 817,519 | 249.5 | 0% |
| 2021 | 4,144,742 | 1,255,478 | 2,889,264 | 363.1 | 0% |
| 2022 | 6,158,659 | 1,715,428 | 4,443,231 | 253.2 | 0% |
| 2023 | 2,423,738 | 5,062,254 | −2,638,516 | 82.7 | 0% |
In its most recent public year (2023), this organization spent $2,638,516 more than it brought in. Its reserves stood at about 82.7 months of spending, down from 273.3 in 2011. Staff pay was 0% of spending. $32,973,813 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
Davenport University 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