Acord Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 25,293,548 | 14,201,021 | 11,092,527 | 25.7 | 52% |
| 2021 | 27,875,680 | 12,089,448 | 15,786,232 | 35.8 | 45% |
| 2022 | 29,187,677 | 12,623,352 | 16,564,325 | 36.0 | 45% |
| 2023 | 30,932,486 | 13,726,617 | 17,205,869 | 37.2 | 40% |
In its most recent public year (2023), this organization brought in $17,205,869 more than it spent. Its reserves stood at about 37.2 months of spending, up from 25.7 in 2020. Staff pay was 40% of spending.
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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