Midamerica Nazarene University Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,276,131 | 3,292,785 | 5,983,346 | 104.1 | 0% |
| 2021 | 5,983,662 | 5,963,051 | 20,611 | 61.9 | 0% |
| 2022 | 7,052,350 | 18,141,818 | −11,089,468 | 11.4 | 0% |
| 2023 | 7,089,930 | 5,384,356 | 1,705,574 | 44.0 | 0% |
In its most recent public year (2023), this organization brought in $1,705,574 more than it spent. Its reserves stood at about 44 months of spending, down from 104.1 in 2020. Staff pay was 0% of spending. $23,359,061 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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