Ecuadorian American Cultural Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 125,552 | 104,118 | 21,434 | -2.4 | — |
| 2021 | 179,216 | 136,259 | 42,957 | 2.0 | — |
| 2022 | 194,387 | 266,065 | −71,678 | -2.2 | — |
| 2023 | 222,184 | 426,058 | −203,874 | -7.1 | 40% |
In its most recent public year (2023), this organization spent $203,874 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.1 months), down from -2.4 in 2020. Staff pay was 40% 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 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
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