Institute For Asian Pacific American Leadership & Advancement
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 287,118 | 284,011 | 3,107 | 1.3 | 10% |
| 2014 | 1,305 | 8,525 | −7,220 | -3.5 | — |
| 2015 | 27,500 | 8,692 | 18,808 | 22.5 | — |
| 2016 | 717,500 | 480,444 | 237,056 | 6.3 | 31% |
| 2017 | 498,417 | 613,003 | −114,586 | 2.7 | 28% |
| 2018 | 1,687,628 | 713,422 | 974,206 | 18.7 | 26% |
| 2019 | 418,823 | 809,436 | −390,613 | 10.7 | 19% |
| 2020 | 828,638 | 786,205 | 42,433 | 11.7 | 38% |
| 2021 | 458,323 | 516,065 | −57,742 | 16.4 | 45% |
| 2022 | 851,320 | 566,687 | 284,633 | 21.0 | 30% |
| 2023 | 460,134 | 568,735 | −108,601 | 18.6 | 29% |
In its most recent public year (2023), this organization spent $108,601 more than it brought in. Its reserves stood at about 18.6 months of spending, up from 1.3 in 2012. Staff pay was 29% of spending. $175,841 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
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