Truett Mcconnell University Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,881,753 | 11,678,967 | 1,202,786 | 20.5 | 35% |
| 2012 | 14,585,398 | 14,571,851 | 13,547 | 15.6 | 30% |
| 2013 | 16,834,782 | 16,200,706 | 634,076 | 14.7 | 30% |
| 2014 | 17,598,932 | 17,064,120 | 534,812 | 14.7 | 31% |
| 2015 | 19,333,799 | 19,084,155 | 249,644 | 13.3 | 32% |
| 2016 | 22,243,496 | 21,013,734 | 1,229,762 | 12.6 | 30% |
| 2017 | 23,100,977 | 23,499,053 | −398,076 | 11.2 | 29% |
| 2018 | 28,969,151 | 26,717,423 | 2,251,728 | 11.0 | 28% |
| 2019 | 29,593,795 | 28,500,670 | 1,093,125 | 10.8 | 27% |
| 2020 | 28,295,478 | 29,099,974 | −804,496 | 10.2 | 28% |
| 2021 | 32,427,096 | 30,985,366 | 1,441,730 | 10.5 | 28% |
| 2022 | 32,868,414 | 33,069,031 | −200,617 | 9.3 | 27% |
| 2023 | 38,005,473 | 34,357,568 | 3,647,905 | 10.5 | 28% |
In its most recent public year (2023), this organization brought in $3,647,905 more than it spent. Its reserves stood at about 10.5 months of spending, down from 20.5 in 2011. Staff pay was 28% of spending. $9,047,413 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
Truett Mcconnell University 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