Employer-Contribution Veba Trust For University Of Indianapolis
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 261,387 | 89,958 | 171,429 | 424.5 | 0% |
| 2021 | 331,830 | 116,115 | 215,715 | 356.7 | 0% |
| 2022 | 299,710 | 134,925 | 164,785 | 265.5 | 0% |
| 2023 | 70,793 | 141,237 | −70,444 | 274.9 | 0% |
In its most recent public year (2023), this organization spent $70,444 more than it brought in. Its reserves stood at about 274.9 months of spending, down from 424.5 in 2020. Staff pay was 0% 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
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