Afar Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 45,262 | 32,074 | 13,188 | 6.1 | 0% |
| 2012 | 79,848 | 103,968 | −24,120 | -0.8 | 0% |
| 2013 | 140,533 | 45,863 | 94,670 | 22.9 | 0% |
| 2014 | 100,304 | 102,408 | −2,104 | 10.0 | 0% |
| 2015 | 84,028 | 121,621 | −37,593 | 4.7 | 5% |
| 2016 | 141,440 | 163,053 | −21,613 | 1.9 | 5% |
| 2017 | 27,246 | 43,664 | −16,418 | 2.0 | 21% |
| 2018 | 66,250 | 48,391 | 17,859 | 6.3 | 19% |
| 2019 | 254,855 | 146,310 | 108,545 | 11.0 | 11% |
| 2020 | 194,379 | 273,902 | −79,523 | 2.4 | 22% |
| 2021 | 337,585 | 251,004 | 86,581 | 7.4 | 44% |
| 2022 | 3,230,812 | 446,068 | 2,784,744 | 79.1 | 47% |
| 2023 | 1,247,961 | 869,017 | 378,944 | 46.5 | 52% |
In its most recent public year (2023), this organization brought in $378,944 more than it spent. Its reserves stood at about 46.5 months of spending, up from 6.1 in 2011. Staff pay was 52% of spending. $2,994,494 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
Afar 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