Logan University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 38,500,877 | 34,557,698 | 3,943,179 | 32.4 | 52% |
| 2021 | 45,987,711 | 40,100,375 | 5,887,336 | 31.4 | 45% |
| 2022 | 44,583,201 | 43,314,773 | 1,268,428 | 26.9 | 49% |
| 2023 | 44,012,439 | 44,901,467 | −889,028 | 25.5 | 49% |
In its most recent public year (2023), this organization spent $889,028 more than it brought in. Its reserves stood at about 25.5 months of spending, down from 32.4 in 2020. Staff pay was 49% of spending. $2,464,138 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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