Adair Community For Excellence In Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 652,027 | 659,251 | −7,224 | 2.9 | 0% |
| 2023 | 653,415 | 638,135 | 15,280 | 3.3 | 0% |
| 2024 | 41,532 | 51,094 | −9,562 | 39.1 | 0% |
In its most recent public year (2024), this organization spent $9,562 more than it brought in. Its reserves stood at about 39.1 months of spending, up from 2.9 in 2022. Staff pay was 0% 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 2024. 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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