American Debt Resources Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 520,818 | 510,420 | 10,398 | 2.1 | 57% |
| 2012 | 528,334 | 512,528 | 15,806 | 2.5 | 57% |
| 2013 | 557,057 | 527,040 | 30,017 | 3.1 | 0% |
| 2014 | 533,911 | 553,522 | −19,611 | 2.5 | 56% |
| 2015 | 460,229 | 509,161 | −48,932 | 1.6 | 57% |
| 2016 | 529,104 | 506,578 | 22,526 | 2.1 | 54% |
| 2017 | 567,658 | 490,676 | 76,982 | 4.1 | 60% |
| 2018 | 479,763 | 462,018 | 17,745 | 4.8 | 64% |
| 2019 | 490,621 | 471,582 | 19,039 | 5.2 | 61% |
| 2020 | 427,375 | 418,442 | 8,933 | 6.1 | 59% |
| 2021 | 428,351 | 412,725 | 15,626 | 6.7 | 53% |
| 2022 | 441,234 | 424,748 | 16,486 | 6.9 | 61% |
| 2023 | 575,770 | 493,646 | 82,124 | 8.0 | 63% |
In its most recent public year (2023), this organization brought in $82,124 more than it spent. Its reserves stood at about 8 months of spending, up from 2.1 in 2011. Staff pay was 63% of spending. $39,661 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
American Debt Resources Inc'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