Phillips University Legacy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 312,810 | 199,394 | 113,416 | 50.4 | 0% |
| 2012 | 69,181 | 103,738 | −34,557 | 93.4 | 0% |
| 2013 | 285,852 | 106,203 | 179,649 | 118.1 | 0% |
| 2014 | 210,183 | 125,452 | 84,731 | 117.2 | 0% |
| 2015 | 216,636 | 149,320 | 67,316 | 101.7 | 0% |
| 2016 | 436,632 | 261,771 | 174,861 | 61.7 | 0% |
| 2017 | 408,952 | 287,384 | 121,568 | 64.2 | 0% |
| 2018 | 496,346 | 425,946 | 70,400 | 46.3 | 0% |
| 2019 | 739,899 | 333,475 | 406,424 | 69.4 | 0% |
| 2020 | 432,730 | 446,061 | −13,331 | 50.0 | 36% |
| 2021 | 3,481,744 | 534,761 | 2,946,983 | 120.9 | 35% |
| 2022 | 672,302 | 605,946 | 66,356 | 96.5 | 31% |
| 2023 | 618,493 | 664,820 | −46,327 | 89.5 | 33% |
| 2024 | 686,238 | 657,555 | 28,683 | 96.7 | 38% |
In its most recent public year (2024), this organization brought in $28,683 more than it spent. Its reserves stood at about 96.7 months of spending, up from 50.4 in 2011. Staff pay was 38% of spending.
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
Phillips University Legacy Foundation'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