Association Of Black Foundation Executives Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,828,859 | 977,139 | 1,851,720 | 27.3 | 48% |
| 2012 | 770,568 | 1,354,975 | −584,407 | 14.5 | 37% |
| 2013 | 2,023,545 | 1,649,733 | 373,812 | 14.6 | 32% |
| 2014 | 1,046,344 | 1,879,456 | −833,112 | 7.5 | 40% |
| 2015 | 2,528,119 | 2,239,686 | 288,433 | 7.9 | 36% |
| 2016 | 2,177,107 | 2,363,136 | −186,029 | 6.5 | 38% |
| 2017 | 3,227,337 | 3,116,247 | 111,090 | 5.4 | 36% |
| 2018 | 3,651,870 | 2,639,715 | 1,012,155 | 10.5 | 46% |
| 2019 | 1,726,378 | 2,824,656 | −1,098,278 | 5.1 | 42% |
| 2020 | 9,226,120 | 2,588,991 | 6,637,129 | 36.3 | 51% |
| 2021 | 13,879,337 | 3,794,314 | 10,085,023 | 56.7 | 56% |
| 2022 | 5,805,379 | 5,398,558 | 406,821 | 40.8 | 48% |
| 2023 | 7,640,661 | 7,153,740 | 486,921 | 31.8 | 48% |
In its most recent public year (2023), this organization brought in $486,921 more than it spent. Its reserves stood at about 31.8 months of spending, up from 27.3 in 2011. Staff pay was 48% of spending. $8,837,920 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
Association Of Black Foundation Executives Inc's IRS filings as a feed — one entry per filing year, through 2023. 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