The North American Foundation For The University Of Durham Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,743,603 | 1,747,355 | −3,752 | 1.6 | 0% |
| 2021 | 2,577,869 | 2,738,092 | −160,223 | 0.3 | 0% |
| 2022 | 1,046,644 | 599,664 | 446,980 | 10.3 | 0% |
| 2023 | 664,172 | 806,954 | −142,782 | 5.5 | 0% |
In its most recent public year (2023), this organization spent $142,782 more than it brought in. Its reserves stood at about 5.5 months of spending, up from 1.6 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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