Friends Of The University Of Waterloo Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 436,325 | 547,945 | −111,620 | 0.5 | 0% |
| 2020 | 455,321 | 454,156 | 1,165 | 0.6 | 0% |
| 2021 | 933,144 | 933,975 | −831 | 0.3 | 0% |
| 2022 | 937,508 | 891,143 | 46,365 | 0.9 | 0% |
| 2023 | 423,268 | 513,483 | −90,215 | -0.5 | 0% |
In its most recent public year (2023), this organization spent $90,215 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.5 months). 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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