American Friends Of Heriot-Watt University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 266,460 | 432,508 | −166,048 | 0.1 | 0% |
| 2021 | 615,993 | 610,432 | 5,561 | 0.1 | 0% |
| 2022 | 497,521 | 491,377 | 6,144 | 0.3 | 0% |
| 2023 | 267,968 | 84,500 | 183,468 | 28.0 | 0% |
In its most recent public year (2023), this organization brought in $183,468 more than it spent. Its reserves stood at about 28 months of spending, up from 0.1 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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