Kigali Center For Entrepreneurs
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 370,478 | 380,874 | −10,396 | 0.0 | 31% |
| 2021 | 602,501 | 609,151 | −6,650 | 0.0 | 36% |
| 2022 | 544,803 | 519,251 | 25,552 | 0.5 | 48% |
| 2023 | 572,327 | 584,576 | −12,249 | 0.0 | 51% |
In its most recent public year (2023), this organization spent $12,249 more than it brought in. Its reserves stood at about 0 months of spending. Staff pay was 51% 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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