Iaco Immigration And American Citizenship Organization Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 797,679 | 791,621 | 6,058 | 0.5 | 75% |
| 2021 | 1,035,202 | 990,418 | 44,784 | 1.0 | 74% |
| 2022 | 1,365,653 | 1,169,235 | 196,418 | 2.8 | 70% |
| 2023 | 1,240,847 | 1,239,662 | 1,185 | 2.7 | 70% |
In its most recent public year (2023), this organization brought in $1,185 more than it spent. Its reserves stood at about 2.7 months of spending, up from 0.5 in 2020. Staff pay was 70% 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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