Tennessee Wesleyan University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 23,374,263 | 22,375,480 | 998,783 | 6.2 | 24% |
| 2012 | 24,787,480 | 23,128,153 | 1,659,327 | 6.1 | 25% |
| 2013 | 24,548,325 | 24,147,445 | 400,880 | 6.4 | 26% |
| 2014 | 28,366,641 | 25,565,978 | 2,800,663 | 7.6 | 26% |
| 2015 | 28,537,990 | 26,325,968 | 2,212,022 | 8.3 | 27% |
| 2016 | 27,383,459 | 26,925,444 | 458,015 | 8.3 | 25% |
| 2017 | 25,954,825 | 26,776,153 | −821,328 | 8.5 | 25% |
| 2018 | 26,575,786 | 28,042,158 | −1,466,372 | 7.6 | 25% |
| 2019 | 27,070,693 | 29,813,549 | −2,742,856 | 6.2 | 25% |
| 2020 | 34,689,420 | 33,384,550 | 1,304,870 | 5.7 | 25% |
| 2021 | 36,265,043 | 34,235,191 | 2,029,852 | 7.0 | 26% |
| 2022 | 36,534,539 | 36,432,451 | 102,088 | 6.1 | 26% |
| 2023 | 36,772,295 | 33,912,764 | 2,859,531 | 7.9 | 27% |
| 2024 | 38,169,336 | 34,150,125 | 4,019,211 | 9.6 | 26% |
In its most recent public year (2024), this organization brought in $4,019,211 more than it spent. Its reserves stood at about 9.6 months of spending, up from 6.2 in 2011. Staff pay was 26% of spending. $23,994,545 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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