nonprofit · EIN 59-0668483 · FL
How much does FLORIDA MEMORIAL UNIVERSITY INC raise and spend?
FLORIDA MEMORIAL UNIVERSITY INC (FL, EIN 59-0668483) reported $50.4M in revenue and $49.0M in expenses for tax year 2023, with $73.4M in net assets (18.0 months of reserves). By expenses that ranks 7,960 of 539,974 e-filers, 1,185 of 57,594 in NTEE B: Education, 348 of 24,038 nonprofits in florida.
What stands out
FLORIDA MEMORIAL UNIVERSITY INC (FL, EIN 59-0668483) reported $50.4M in revenue and $49.0M in expenses for tax year 2023, with $73.4M in net assets (18.0 months of reserves). By expenses that ranks 7,960 of 539,974 e-filers, 1,185 of 57,594 in NTEE B: Education, 348 of 24,038 nonprofits in florida. Against NTEE B: Education: months of reserves 18.0 months, above the peer median of 11.8 months; officer compensation share of expenses 2.4%, below the peer median of 4.8%; contributions share of revenue 35.7%, below the peer median of 50.3%; surplus margin 2.8%, below the peer median of 5.2%.
Key figures, tax year 2023
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2023 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $50.4M | $199.9k | $21.6M | $194.7k |
| Total expenses | $49.0M | $183.0k | $20.9M | $178.5k |
| Total assets | $84.3M | $845.8k | $29.9M | $775.3k |
| Net assets | $73.4M | $683.8k | $17.0M | $622.5k |
| Officer compensation (total per organisation) | $1.2M | $141.5k | $609.0k | $113.0k |
| Program service revenue share | 53.1% | 13.2% | 74.7% | 13.8% |
| Contributions share of revenue | 35.7% | 50.3% | 13.8% | 57.5% |
| Officer compensation share of expenses | 2.4% | 4.8% | 2.5% | 6.5% |
| Months of reserves | 18.0 months | 11.8 months | 9.0 months | 12.6 months |
| Surplus margin | 2.8% | 5.2% | 1.8% | 3.9% |
Year by year
6 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2023 | $50.4M | $49.0M | $73.4M | 18.0 months | $1.2M | 7,960 |
| 2022 | $45.4M | $50.5M | $71.5M | 17.0 months | $1.3M | 7,114 |
| 2021 | $39.0M | $44.5M | $77.7M | 21.0 months | $1.0M | 5,098 |
| 2020 | $34.0M | $45.2M | $77.0M | 20.4 months | $972.9k | 7,059 |
| 2019 | $36.5M | $35.9M | $46.1M | 15.4 months | $953.8k | 8,173 |
| 2018 | $35.6M | $35.9M | $31.7M | 10.6 months | $833.1k | 7,434 |
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