Connecticut Center For Advanced Technology Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,709,680 | 7,898,916 | −189,236 | 8.6 | 28% |
| 2021 | 9,054,771 | 9,629,248 | −574,477 | 6.3 | 27% |
| 2022 | 10,021,083 | 10,483,557 | −462,474 | 5.3 | 30% |
| 2023 | 18,320,884 | 16,828,780 | 1,492,104 | 4.4 | 21% |
In its most recent public year (2023), this organization brought in $1,492,104 more than it spent. Its reserves stood at about 4.4 months of spending, down from 8.6 in 2020. 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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