Spring Arbor University Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 370 | 0 | 370 | — | — |
| 2012 | 364 | 0 | 364 | — | — |
| 2013 | 368 | 0 | 368 | — | — |
| 2014 | 483 | 0 | 483 | — | — |
| 2015 | 442 | 0 | 442 | — | — |
| 2016 | 443 | 0 | 443 | — | — |
| 2017 | 73,387 | 0 | 73,387 | — | — |
| 2018 | 150,059 | 0 | 150,059 | — | — |
| 2019 | 17,176 | 0 | 17,176 | — | — |
| 2020 | 55,065 | 0 | 55,065 | — | — |
| 2021 | 100,495 | 0 | 100,495 | — | — |
| 2022 | 2,853,150 | 0 | 2,853,150 | — | — |
| 2023 | 563,968 | 50,084 | 513,884 | 1010.1 | 82% |
In its most recent public year (2023), this organization brought in $513,884 more than it spent. Its reserves stood at about 1010.1 months of spending. Staff pay was 82% of spending. $4,336,729 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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