Operating record

Athens State University Foundation Inc

Athens, AL · EIN 63-0833253 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$991,624$549,646$441,978133.70%
2021$779,781$479,431$300,350176.30%
2022$928,220$632,278$295,942129.90%
2023$1,183,015$594,097$588,918154.50%

In its most recent public year (2023), this organization brought in $588,918 more than it spent. Its reserves stood at about 154.5 months of spending, up from 133.7 in 2020. Staff pay was 0% of spending. $6,242,065 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 ↗