Southern Nazarene University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 64,787,489 | 63,726,342 | 1,061,147 | 10.8 | 27% |
| 2021 | 68,249,636 | 63,507,837 | 4,741,799 | 12.8 | 27% |
| 2022 | 74,735,048 | 69,692,413 | 5,042,635 | 12.1 | 26% |
| 2023 | 62,857,791 | 72,277,538 | −9,419,747 | 10.5 | 26% |
In its most recent public year (2023), this organization spent $9,419,747 more than it brought in. Its reserves stood at about 10.5 months of spending. Staff pay was 26% of spending. $24,185,150 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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