Southwestern Adventist University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 17,958,741 | 17,672,567 | 286,174 | 20.0 | 39% |
| 2013 | 18,064,620 | 18,591,345 | −526,725 | 18.7 | 38% |
| 2014 | 19,968,929 | 18,893,264 | 1,075,665 | 19.1 | 38% |
| 2015 | 24,058,668 | 19,216,531 | 4,842,137 | 21.8 | 38% |
| 2016 | 27,603,661 | 20,503,210 | 7,100,451 | 24.6 | 35% |
| 2017 | 24,278,609 | 20,398,114 | 3,880,495 | 27.0 | 36% |
| 2018 | 25,528,414 | 20,116,445 | 5,411,969 | 30.6 | 36% |
| 2019 | 22,886,078 | 20,013,862 | 2,872,216 | 32.5 | 36% |
| 2020 | 21,614,131 | 20,483,854 | 1,130,277 | 32.4 | 36% |
| 2021 | 31,006,117 | 21,469,897 | 9,536,220 | 36.2 | 34% |
| 2022 | 25,818,147 | 24,724,273 | 1,093,874 | 32.0 | 32% |
| 2023 | 25,210,549 | 23,418,529 | 1,792,020 | 35.4 | 43% |
In its most recent public year (2023), this organization brought in $1,792,020 more than it spent. Its reserves stood at about 35.4 months of spending, up from 20 in 2012. Staff pay was 43% of spending. $19,913,242 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
Southwestern Adventist University's IRS filings as a feed — one entry per filing year, through 2023. 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