Horatio Alger Association Of Distinguished Americans Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 19,682,336 | 14,368,904 | 5,313,432 | 60.2 | 9% |
| 2011 | 16,668,421 | 14,808,234 | 1,860,187 | 6.8 | 10% |
| 2012 | 16,960,682 | 15,132,886 | 1,827,796 | 8.3 | 9% |
| 2013 | 15,869,732 | 15,479,088 | 390,644 | 8.2 | 9% |
| 2014 | 15,720,198 | 17,758,718 | −2,038,520 | 5.8 | 9% |
| 2015 | 20,755,587 | 18,381,082 | 2,374,505 | 7.0 | 9% |
| 2016 | 29,303,700 | 24,478,858 | 4,824,842 | 7.7 | 7% |
| 2017 | 33,343,658 | 29,499,682 | 3,843,976 | 8.0 | 6% |
| 2018 | 34,599,955 | 27,988,760 | 6,611,195 | 11.1 | 7% |
| 2019 | 29,843,129 | 31,576,746 | −1,733,617 | 8.2 | 6% |
| 2020 | 27,092,429 | 21,519,354 | 5,573,075 | 13.5 | 10% |
| 2021 | 20,322,852 | 23,262,312 | −2,939,460 | 10.6 | 10% |
| 2022 | 22,420,571 | 27,233,966 | −4,813,395 | 6.4 | 10% |
| 2023 | 31,058,997 | 29,715,341 | 1,343,656 | 6.7 | 9% |
In its most recent public year (2023), this organization brought in $1,343,656 more than it spent. Its reserves stood at about 6.7 months of spending, down from 60.2 in 2010. Staff pay was 9% of spending. $10,261,725 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
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