Winston-Salem State University Foundation Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,150,381 | 4,343,634 | −193,253 | 36.3 | 4% |
| 2012 | 5,578,402 | 4,950,277 | 628,125 | 33.7 | 4% |
| 2013 | 8,078,883 | 5,138,455 | 2,940,428 | 41.4 | 4% |
| 2014 | 5,363,810 | 5,566,146 | −202,336 | 40.5 | 4% |
| 2015 | 4,632,006 | 4,702,096 | −70,090 | 49.9 | 4% |
| 2016 | 5,114,598 | 6,395,660 | −1,281,062 | 33.9 | 3% |
| 2017 | 5,511,532 | 6,134,704 | −623,172 | 36.7 | 3% |
| 2018 | 6,297,440 | 4,619,974 | 1,677,466 | 56.5 | 4% |
| 2019 | 6,388,883 | 5,025,178 | 1,363,705 | 57.1 | 4% |
| 2020 | 6,940,963 | 4,769,093 | 2,171,870 | 65.9 | 5% |
| 2021 | 36,998,091 | 4,744,386 | 32,253,705 | 166.8 | 6% |
| 2022 | 10,006,933 | 6,991,452 | 3,015,481 | 114.0 | 3% |
| 2023 | 8,698,843 | 8,377,370 | 321,473 | 96.2 | 3% |
In its most recent public year (2023), this organization brought in $321,473 more than it spent. Its reserves stood at about 96.2 months of spending, up from 36.3 in 2011. Staff pay was 3% of spending. $35,461,538 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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