Wake Forest University Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | −12,989 | 94,045 | −107,034 | 376.0 | 0% |
| 2012 | −29,640 | 386,564 | −416,204 | 85.0 | 0% |
| 2013 | 1,600,866 | 89,336 | 1,511,530 | 550.8 | 0% |
| 2014 | −740,807 | 1,002,575 | −1,743,382 | 23.5 | 0% |
| 2015 | 684,775 | 266,416 | 418,359 | 102.8 | 0% |
| 2016 | −1,878,790 | 1,712,548 | −3,591,338 | 5.2 | 0% |
| 2017 | 267,759 | 634,545 | −366,786 | 8.6 | 0% |
| 2018 | 262,511 | 154,929 | 107,582 | 45.0 | 0% |
| 2019 | 9,421 | 366,658 | −357,237 | 8.5 | 0% |
| 2020 | −73,169 | 17,692 | −90,861 | 123.0 | 0% |
| 2021 | −10,305 | 63,035 | −73,340 | 21.9 | 0% |
| 2022 | −337,944 | 177,688 | −515,632 | 8.1 | 0% |
| 2023 | 0 | 8,442 | −8,442 | 158.1 | 0% |
In its most recent public year (2023), this organization spent $8,442 more than it brought in. Its reserves stood at about 158.1 months of spending, down from 376 in 2011. Staff pay was 0% of spending. $134,887 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
Wake Forest University Development 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