Connecticut Student Loan Foundtion
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 27,799,551 | 17,912,557 | 9,886,994 | 24.3 | 0% |
| 2012 | 24,924,109 | 17,236,881 | 7,687,228 | 31.6 | 0% |
| 2013 | 20,078,319 | 13,561,094 | 6,517,225 | 45.2 | 0% |
| 2014 | 17,382,821 | 34,963,616 | −17,580,795 | 11.5 | 0% |
| 2015 | 9,407,525 | 10,875,740 | −1,468,215 | 35.3 | 0% |
| 2016 | 10,953,862 | 17,763,880 | −6,810,018 | 17.0 | 0% |
| 2017 | 10,448,692 | 9,861,045 | 587,647 | 31.4 | 0% |
| 2018 | 10,778,706 | 12,601,297 | −1,822,591 | 22.8 | 0% |
| 2019 | 10,761,716 | 12,996,628 | −2,234,912 | 20.1 | 0% |
| 2020 | 8,163,038 | 6,842,377 | 1,320,661 | 40.5 | 0% |
| 2021 | 5,152,125 | 4,026,832 | 1,125,293 | 72.1 | 0% |
| 2022 | 4,816,146 | 6,033,188 | −1,217,042 | 45.7 | 0% |
| 2023 | 6,578,182 | 9,957,241 | −3,379,059 | 23.6 | 0% |
| 2024 | 7,439,089 | 6,164,486 | 1,274,603 | 40.6 | 0% |
In its most recent public year (2024), this organization brought in $1,274,603 more than it spent. Its reserves stood at about 40.6 months of spending, up from 24.3 in 2011. Staff pay was 0% 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 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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