Return on Net Assets Percentage
This percentage measures economic return in order to determine whether an institution generated or used net assets in a given year. In a for-profit company this ratio is critical to demonstrate a return on invested capital (net assets). In a not-for-profit a return is not necessarily anticipated, thus the not-for-profit designation. Major changes are generally due to major gifts or appropriations for capital investment.
The numerator for this formula is increase/ (decrease) in net assets, the denominator is net assets at the beginning of the year. Both are found in the Statement of Revenues, Expenses, and Changes in Net Position.
Year | Percentage |
2024 | 22.15% |
2023 | 22.11% |
2022 | 27.13% |
2021 | 19.39% |