Furman University Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 810,127 | 403,401 | 406,726 | 169.3 | 0% |
| 2012 | −34,088 | 188,044 | −222,132 | 385.4 | 0% |
| 2013 | 1,586,446 | 763,014 | 823,432 | 120.0 | 7% |
| 2014 | 48,608 | 529,637 | −481,029 | 179.6 | 10% |
| 2015 | 104,621 | 209,039 | −104,418 | 495.1 | 26% |
| 2016 | 97,073 | 214,954 | −117,881 | 521.7 | 26% |
| 2017 | 2,421,540 | 3,276,013 | −854,473 | 33.6 | 0% |
| 2018 | 1,652,194 | 191,946 | 1,460,248 | 669.8 | 0% |
| 2019 | 1,751,226 | 221,125 | 1,530,101 | 663.5 | 0% |
| 2020 | 1,751,784 | 340,312 | 1,411,472 | 480.8 | 0% |
| 2021 | 1,750,739 | 311,252 | 1,439,487 | 581.2 | 0% |
| 2022 | 1,749,880 | 599,576 | 1,150,304 | 324.7 | 0% |
| 2023 | 1,751,716 | 452,829 | 1,298,887 | 464.2 | 0% |
In its most recent public year (2023), this organization brought in $1,298,887 more than it spent. Its reserves stood at about 464.2 months of spending, up from 169.3 in 2011. Staff pay was 0% of spending. $1,918,139 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
Furman University Foundation Inc'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