Ming Chuan University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 10,000 | 884 | 9,116 | 123.7 | — |
| 2013 | 295,267 | 196,872 | 98,395 | 6.6 | 17% |
| 2014 | 765,448 | 478,071 | 287,377 | 9.9 | 14% |
| 2015 | 570,218 | 519,043 | 51,175 | 10.3 | 13% |
| 2016 | 474,731 | 707,412 | −232,681 | 4.9 | 14% |
| 2017 | 702,067 | 633,785 | 68,282 | 6.8 | 19% |
| 2018 | 694,447 | 682,308 | 12,139 | 6.5 | 21% |
| 2019 | 847,948 | 759,623 | 88,325 | 7.3 | 16% |
| 2021 | 49,951 | 576,921 | −526,970 | 6.5 | 35% |
| 2022 | 344,600 | 421,619 | −77,019 | 6.7 | 39% |
| 2023 | 129,275 | 450,629 | −321,354 | -2.3 | 33% |
In its most recent public year (2023), this organization spent $321,354 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.3 months), down from 123.7 in 2012. Staff pay was 33% 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
Ming Chuan 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