Fitchburg State University Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,810,989 | 3,906,318 | 1,904,671 | 44.0 | 0% |
| 2012 | 4,116,241 | 3,932,941 | 183,300 | 44.8 | 0% |
| 2013 | 1,590,046 | 1,401,669 | 188,377 | 134.4 | 0% |
| 2014 | 1,678,213 | 1,360,932 | 317,281 | 153.2 | 0% |
| 2015 | 2,121,837 | 2,004,929 | 116,908 | 105.0 | 0% |
| 2016 | 1,407,882 | 1,388,923 | 18,959 | 147.0 | 0% |
| 2017 | 2,029,358 | 1,398,510 | 630,848 | 160.9 | 0% |
| 2018 | 2,365,346 | 1,481,020 | 884,326 | 164.9 | 0% |
| 2019 | 2,056,595 | 1,499,558 | 557,037 | 172.3 | 0% |
| 2020 | 2,875,299 | 1,156,787 | 1,718,512 | 249.8 | 0% |
| 2021 | 3,569,553 | 1,100,283 | 2,469,270 | 329.3 | 0% |
| 2022 | 3,824,038 | 1,336,245 | 2,487,793 | 236.7 | 0% |
| 2023 | 4,348,295 | 1,530,404 | 2,817,891 | 242.3 | 0% |
In its most recent public year (2023), this organization brought in $2,817,891 more than it spent. Its reserves stood at about 242.3 months of spending, up from 44 in 2011. Staff pay was 0% of spending. $28,048,290 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
Fitchburg State University Foundation Inc'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