The University Of South Alabama Professional Liability Trust Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,225,944 | 14,817,238 | −5,591,294 | 40.8 | 2% |
| 2012 | 7,475,100 | 11,665,169 | −4,190,069 | 50.5 | 2% |
| 2013 | 8,621,700 | 18,859,779 | −10,238,079 | 25.0 | 1% |
| 2014 | 6,657,581 | 1,540,533 | 5,117,048 | 354.8 | 0% |
| 2015 | 6,596,427 | 6,776,752 | −180,325 | 79.3 | 3% |
| 2016 | 6,862,735 | 1,478,550 | 5,384,185 | 419.3 | 13% |
| 2017 | 6,899,176 | 4,073,679 | 2,825,497 | 169.4 | 5% |
| 2018 | 9,121,754 | 14,536,865 | −5,415,111 | 44.3 | 1% |
| 2019 | 17,912,060 | 4,405,001 | 13,507,059 | 156.9 | 5% |
| 2020 | 9,648,854 | 24,908,634 | −15,259,780 | 21.4 | 1% |
| 2021 | 10,546,535 | 8,612,701 | 1,933,834 | 72.7 | 3% |
| 2022 | 10,520,039 | 6,526,267 | 3,993,772 | 85.7 | 4% |
| 2023 | 9,318,916 | 10,797,340 | −1,478,424 | 55.2 | 3% |
In its most recent public year (2023), this organization spent $1,478,424 more than it brought in. Its reserves stood at about 55.2 months of spending, up from 40.8 in 2011. Staff pay was 3% of spending.
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
The University Of South Alabama Professional Liability Trust Fund'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