Fund For Advancement Of Minorities Through Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 836,824 | 966,634 | −129,810 | 98.5 | 27% |
| 2012 | 2,129,367 | 1,071,990 | 1,057,377 | 96.1 | 25% |
| 2013 | 1,612,038 | 1,234,136 | 377,902 | 89.5 | 29% |
| 2014 | 1,081,206 | 1,265,608 | −184,402 | 96.1 | 31% |
| 2015 | 1,569,516 | 1,294,506 | 275,010 | 90.6 | 23% |
| 2016 | 1,044,938 | 1,483,716 | −438,778 | 71.9 | 25% |
| 2017 | 1,401,610 | 1,562,335 | −160,725 | 67.3 | 29% |
| 2018 | 1,715,835 | 1,555,859 | 159,976 | 67.8 | 26% |
| 2019 | 1,198,906 | 1,350,854 | −151,948 | 77.7 | 31% |
| 2020 | 1,324,180 | 1,345,107 | −20,927 | 78.4 | 32% |
| 2021 | 1,916,237 | 1,499,308 | 416,929 | 86.6 | 38% |
| 2022 | 1,811,456 | 1,613,072 | 198,384 | 66.0 | 40% |
| 2023 | 1,289,300 | 1,922,780 | −633,480 | 54.4 | 33% |
In its most recent public year (2023), this organization spent $633,480 more than it brought in. Its reserves stood at about 54.4 months of spending, down from 98.5 in 2011. Staff pay was 33% of spending. $4,127,083 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
Fund For Advancement Of Minorities Through Education 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