Armenian Cultural & Educational Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 250,213 | 367,966 | −117,753 | 17.9 | 19% |
| 2012 | 278,546 | 369,375 | −90,829 | 14.9 | 19% |
| 2013 | 295,174 | 368,870 | −73,696 | 12.5 | 19% |
| 2014 | 239,681 | 366,933 | −127,252 | 8.4 | 19% |
| 2015 | 339,380 | 385,955 | −46,575 | 6.5 | 19% |
| 2016 | 247,960 | 294,255 | −46,295 | 7.1 | 25% |
| 2017 | 286,602 | 337,316 | −50,714 | 4.4 | 19% |
| 2018 | 247,543 | 328,523 | −80,980 | 1.6 | 15% |
| 2019 | 269,285 | 323,203 | −53,918 | -0.4 | 0% |
| 2020 | 140,849 | 257,981 | −117,132 | -6.0 | 20% |
| 2021 | 282,584 | 293,665 | −11,081 | -5.7 | 25% |
| 2022 | 884,543 | 296,589 | 587,954 | 18.2 | 28% |
| 2023 | 330,358 | 344,151 | −13,793 | 15.8 | 0% |
In its most recent public year (2023), this organization spent $13,793 more than it brought in. Its reserves stood at about 15.8 months of spending, down from 17.9 in 2011. Staff pay was 0% of spending. $504,778 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
Armenian Cultural & Educational Center 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