Florida Memorial University Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 44,510,273 | 42,530,032 | 1,980,241 | 9.9 | 37% |
| 2012 | 41,109,858 | 44,983,792 | −3,873,934 | 8.3 | 37% |
| 2013 | 38,003,600 | 40,932,165 | −2,928,565 | 8.3 | 39% |
| 2014 | 37,179,042 | 37,857,789 | −678,747 | 9.1 | 35% |
| 2015 | 39,777,589 | 38,335,424 | 1,442,165 | 9.4 | 33% |
| 2016 | 40,514,766 | 39,251,983 | 1,262,783 | 9.5 | 34% |
| 2017 | 36,158,232 | 36,270,536 | −112,304 | 10.4 | 35% |
| 2018 | 35,623,952 | 35,868,345 | −244,393 | 10.6 | 32% |
| 2019 | 36,531,550 | 35,902,127 | 629,423 | 15.4 | 34% |
| 2020 | 34,005,848 | 45,188,772 | −11,182,924 | 20.4 | 25% |
| 2021 | 38,959,091 | 44,457,964 | −5,498,873 | 21.0 | 32% |
| 2022 | 45,361,049 | 50,461,600 | −5,100,551 | 17.0 | 30% |
| 2023 | 50,419,718 | 49,018,014 | 1,401,704 | 18.0 | 28% |
In its most recent public year (2023), this organization brought in $1,401,704 more than it spent. Its reserves stood at about 18 months of spending, up from 9.9 in 2011. Staff pay was 28% of spending. $10,650,708 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
Florida Memorial 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