Florida Agricultural & Mechanical Univ Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 22,998,647 | 10,049,226 | 12,949,421 | 191.5 | 15% |
| 2022 | 45,594,915 | 15,680,838 | 29,914,077 | 126.3 | 16% |
| 2023 | 36,785,750 | 22,513,264 | 14,272,486 | 96.4 | 10% |
| 2024 | 36,839,426 | 22,849,671 | 13,989,755 | 108.0 | 14% |
In its most recent public year (2024), this organization brought in $13,989,755 more than it spent. Its reserves stood at about 108 months of spending, down from 191.5 in 2021. Staff pay was 14% of spending. $201,140,236 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 2024. 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
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