Newman University Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 33,197,203 | 33,087,493 | 109,710 | 12.9 | 31% |
| 2012 | 36,997,565 | 34,714,837 | 2,282,728 | 12.7 | 32% |
| 2014 | 44,679,175 | 39,000,821 | 5,678,354 | 14.2 | 30% |
| 2015 | 43,163,418 | 39,193,466 | 3,969,952 | 15.0 | 30% |
| 2016 | 44,720,081 | 40,016,150 | 4,703,931 | 15.9 | 31% |
| 2017 | 41,919,450 | 41,063,396 | 856,054 | 16.1 | 30% |
| 2018 | 43,538,898 | 43,826,260 | −287,362 | 14.8 | 29% |
| 2019 | 41,568,857 | 43,372,034 | −1,803,177 | 14.3 | 29% |
| 2020 | 42,694,112 | 41,737,334 | 956,778 | 14.9 | 29% |
| 2021 | 43,383,966 | 42,589,264 | 794,702 | 16.6 | 27% |
| 2022 | 40,918,190 | 42,589,936 | −1,671,746 | 14.7 | 28% |
| 2023 | 41,003,574 | 43,612,257 | −2,608,683 | 13.7 | 27% |
In its most recent public year (2023), this organization spent $2,608,683 more than it brought in. Its reserves stood at about 13.7 months of spending. Staff pay was 27% of spending. $22,037,805 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
Newman University 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