Emmett & Miriam Mccoy College Of Bus Admin Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,907,687 | 1,250,862 | 6,656,825 | 488.8 | 10% |
| 2021 | 2,347,613 | 796,468 | 1,551,145 | 961.0 | 20% |
| 2022 | 11,348,734 | 1,455,599 | 9,893,135 | 508.7 | 12% |
| 2023 | 4,463,845 | 1,800,642 | 2,663,203 | 444.7 | 10% |
In its most recent public year (2023), this organization brought in $2,663,203 more than it spent. Its reserves stood at about 444.7 months of spending, down from 488.8 in 2020. Staff pay was 10% of spending. $66,726,196 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
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