Academic Institute Of Central Carolina Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 230,000 | 230,000 | 0 | 0.1 | 63% |
| 2016 | 214,600 | 214,600 | 0 | 0.0 | 68% |
| 2017 | 578,500 | 506,544 | 71,956 | 1.0 | 72% |
| 2018 | 1,093,273 | 968,258 | 125,015 | 1.6 | 45% |
| 2019 | 1,074,300 | 990,365 | 83,935 | 1.4 | 61% |
| 2020 | 1,239,726 | 1,244,234 | −4,508 | -0.0 | 47% |
| 2021 | 1,391,126 | 1,162,703 | 228,423 | 2.4 | 53% |
| 2022 | 1,145,576 | 1,274,564 | −128,988 | 0.9 | 37% |
| 2023 | 1,333,676 | 1,395,621 | −61,945 | 0.3 | 56% |
In its most recent public year (2023), this organization spent $61,945 more than it brought in. Its reserves stood at about 0.3 months of spending. Staff pay was 56% 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
Academic Institute Of Central Carolina 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