Asian American Business Development Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 418,268 | 438,442 | −20,174 | -1.4 | 24% |
| 2012 | 361,629 | 382,573 | −20,944 | -2.2 | 27% |
| 2013 | 322,425 | 365,719 | −43,294 | -3.7 | 27% |
| 2014 | 533,760 | 360,512 | 173,248 | 1.9 | 20% |
| 2015 | 543,448 | 451,808 | 91,640 | 3.8 | 28% |
| 2016 | 902,322 | 793,901 | 108,421 | 3.8 | 20% |
| 2017 | 527,265 | 661,264 | −133,999 | 2.1 | 21% |
| 2018 | 545,754 | 579,435 | −33,681 | 1.7 | 19% |
| 2019 | 655,813 | 691,088 | −35,275 | 0.8 | 19% |
| 2020 | 440,251 | 373,371 | 66,880 | 3.6 | 32% |
| 2021 | 1,370,849 | 683,771 | 687,078 | 14.5 | 21% |
| 2022 | 755,571 | 854,914 | −99,343 | 10.6 | 25% |
| 2023 | 1,590,149 | 1,262,499 | 327,650 | 10.3 | 21% |
In its most recent public year (2023), this organization brought in $327,650 more than it spent. Its reserves stood at about 10.3 months of spending, up from -1.4 in 2011. Staff pay was 21% 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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