Employee After-Tax Contribution Veba Trust For Northwood Universit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 14,034 | 6,057 | 7,977 | 89.0 | — |
| 2012 | 17,992 | 10,654 | 7,338 | 63.7 | — |
| 2013 | 29,546 | 13,778 | 15,768 | 68.6 | — |
| 2014 | 39,379 | 18,061 | 21,318 | 64.1 | — |
| 2015 | 30,525 | 18,058 | 12,467 | 68.4 | — |
| 2016 | 23,131 | 23,161 | −30 | 54.3 | — |
| 2017 | 23,862 | 23,609 | 253 | 58.8 | — |
| 2018 | 27,903 | 29,568 | −1,665 | 40.9 | — |
| 2021 | 38,004 | 33,493 | 4,511 | 45.9 | — |
| 2022 | 30,668 | 23,382 | 7,286 | 56.9 | — |
| 2023 | 24,381 | 23,831 | 550 | 62.3 | — |
In its most recent public year (2023), this organization brought in $550 more than it spent. Its reserves stood at about 62.3 months of spending, down from 89 in 2011.
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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