Africa Bags Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 46,672 | 61,211 | −14,539 | 4.0 | — |
| 2012 | 34,585 | 42,248 | −7,663 | 3.6 | — |
| 2013 | 20,156 | 19,605 | 551 | 7.6 | — |
| 2014 | 28,415 | 26,062 | 2,353 | 4.7 | — |
| 2015 | 18,379 | 15,243 | 3,136 | 5.2 | — |
| 2016 | 14,174 | 14,044 | 130 | 5.8 | — |
| 2017 | 41,490 | 32,013 | 9,477 | 3.6 | — |
| 2018 | 37,882 | 31,776 | 6,106 | 2.6 | — |
| 2019 | 64,441 | 65,319 | −878 | 3.9 | — |
| 2020 | 27,371 | 27,425 | −54 | 9.3 | — |
| 2021 | 61,064 | 47,123 | 13,941 | 9.0 | — |
In its most recent public year (2021), this organization brought in $13,941 more than it spent. Its reserves stood at about 9 months of spending, up from 4 in 2011.
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 2021. 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
Africa Bags Inc's IRS filings as a feed — one entry per filing year, through 2021. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works