Virginia Commonwealth University College Of Engineering Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 8,169,396 | 5,778,456 | 2,390,940 | 70.7 | 0% |
| 2013 | 18,481,256 | 7,834,551 | 10,646,705 | 56.8 | 0% |
| 2014 | 5,134,437 | 7,557,628 | −2,423,191 | 69.6 | 0% |
| 2015 | 5,400,403 | 7,363,322 | −1,962,919 | 70.1 | 0% |
| 2016 | 7,625,315 | 6,941,969 | 683,346 | 63.0 | 0% |
| 2017 | 13,851,838 | 10,026,971 | 3,824,867 | 60.0 | 0% |
| 2018 | 31,436,214 | 8,165,488 | 23,270,726 | 78.8 | 0% |
| 2019 | 19,696,279 | 10,666,678 | 9,029,601 | 58.4 | 0% |
| 2020 | 7,073,587 | 9,244,155 | −2,170,568 | 67.8 | 0% |
| 2021 | 12,076,889 | 31,812,847 | −19,735,958 | 21.2 | 0% |
| 2022 | 9,871,542 | 12,954,699 | −3,083,157 | 39.5 | 1% |
| 2023 | 5,470,963 | 12,064,236 | −6,593,273 | 41.1 | 1% |
In its most recent public year (2023), this organization spent $6,593,273 more than it brought in. Its reserves stood at about 41.1 months of spending, down from 70.7 in 2012. Staff pay was 1% of spending. $34,717,430 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
Virginia Commonwealth University College Of Engineering Foundation'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