Affordable Communities Inc Parent Return
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,762,267 | 2,986,136 | −223,869 | -0.9 | 14% |
| 2020 | 3,259,617 | 3,143,533 | 116,084 | -0.4 | 13% |
| 2021 | 3,545,544 | 3,272,715 | 272,829 | 1.6 | 20% |
| 2022 | 8,774,223 | 7,610,956 | 1,163,267 | 2.0 | 12% |
| 2023 | 8,523,306 | 7,856,780 | 666,526 | 2.9 | 12% |
In its most recent public year (2023), this organization brought in $666,526 more than it spent. Its reserves stood at about 2.9 months of spending, up from -0.9 in 2019. Staff pay was 12% of spending. $4,643,763 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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