National Association Of Black Accountants Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,099,911 | 2,644,752 | −1,544,841 | 4.1 | 52% |
| 2021 | 1,643,459 | 2,060,516 | −417,057 | 14.7 | 47% |
| 2022 | 14,664,505 | 7,175,682 | 7,488,823 | 16.9 | 25% |
| 2023 | 15,157,326 | 14,798,594 | 358,732 | 8.5 | 23% |
In its most recent public year (2023), this organization brought in $358,732 more than it spent. Its reserves stood at about 8.5 months of spending, up from 4.1 in 2020. Staff pay was 23% of spending. $1,552,720 of its net assets are donor-restricted.
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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