Piedmont University Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 40,505,104 | 28,787,161 | 11,717,943 | 47.6 | 50% |
| 2012 | 36,966,451 | 36,151,013 | 815,438 | 38.0 | 42% |
| 2013 | 40,746,920 | 38,773,858 | 1,973,062 | 37.0 | 41% |
| 2014 | 42,089,861 | 41,051,174 | 1,038,687 | 36.8 | 40% |
| 2015 | 43,358,183 | 43,745,085 | −386,902 | 34.0 | 40% |
| 2016 | 43,214,714 | 47,914,504 | −4,699,790 | 29.3 | 39% |
| 2017 | 48,690,153 | 49,209,114 | −518,961 | 29.3 | 37% |
| 2018 | 62,881,084 | 52,610,422 | 10,270,662 | 28.9 | 36% |
| 2019 | 59,067,043 | 56,102,309 | 2,964,734 | 27.6 | 35% |
| 2020 | 59,652,690 | 61,295,637 | −1,642,947 | 24.3 | 35% |
| 2021 | 56,789,955 | 56,944,869 | −154,914 | 27.2 | 35% |
| 2022 | 62,047,999 | 62,335,429 | −287,430 | 22.4 | 34% |
| 2023 | 51,959,393 | 60,982,841 | −9,023,448 | 22.1 | 29% |
In its most recent public year (2023), this organization spent $9,023,448 more than it brought in. Its reserves stood at about 22.1 months of spending, down from 47.6 in 2011. Staff pay was 29% of spending. $15,282,260 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
Piedmont 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