Association Of Retirement Organizations In Higher Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 68,524 | 62,099 | 6,425 | 15.8 | — |
| 2018 | 78,332 | 34,326 | 44,006 | 51.0 | — |
| 2020 | 25,520 | 38,531 | −13,011 | 19.3 | — |
| 2021 | 87,041 | 54,657 | 32,384 | 20.7 | — |
| 2022 | 45,308 | 64,669 | −19,361 | 14.2 | — |
| 2023 | 121,799 | 68,942 | 52,857 | 22.6 | — |
In its most recent public year (2023), this organization brought in $52,857 more than it spent. Its reserves stood at about 22.6 months of spending, up from 15.8 in 2014.
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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