Faulkner University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 54,191,382 | 51,184,078 | 3,007,304 | 11.1 | 36% |
| 2013 | 53,674,498 | 54,052,889 | −378,391 | 10.7 | 36% |
| 2014 | 52,612,603 | 54,918,760 | −2,306,157 | 10.2 | 35% |
| 2015 | 55,770,586 | 55,222,104 | 548,482 | 10.3 | 34% |
| 2016 | 55,904,597 | 56,742,133 | −837,536 | 9.5 | 34% |
| 2017 | 58,110,752 | 56,544,570 | 1,566,182 | 10.1 | 34% |
| 2018 | 55,842,619 | 55,939,044 | −96,425 | 10.2 | 34% |
| 2019 | 55,378,806 | 55,744,912 | −366,106 | 10.3 | 34% |
| 2020 | 55,209,343 | 56,444,383 | −1,235,040 | 9.5 | 33% |
| 2021 | 67,083,381 | 59,855,100 | 7,228,281 | 11.1 | 32% |
| 2022 | 70,137,760 | 66,259,457 | 3,878,303 | 10.6 | 31% |
| 2023 | 65,624,113 | 65,600,377 | 23,736 | 10.6 | 33% |
| 2024 | 83,641,697 | 71,300,188 | 12,341,509 | 12.1 | 34% |
In its most recent public year (2024), this organization brought in $12,341,509 more than it spent. Its reserves stood at about 12.1 months of spending. Staff pay was 34% of spending. $35,824,788 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
Faulkner University's IRS filings as a feed — one entry per filing year, through 2024. 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