Ned Alumni Endowment Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 7,300 | 906 | 6,394 | 84.7 | — |
| 2022 | 27,890 | 4,134 | 23,756 | 87.5 | — |
| 2023 | 1,083 | 26,869 | −25,786 | 2.0 | 0% |
In its most recent public year (2023), this organization spent $25,786 more than it brought in. Its reserves stood at about 2 months of spending, down from 84.7 in 2021. Staff pay was 0% 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 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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