American Center For Economic Advancement Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 110,804 | 100,059 | 10,745 | 1.3 | — |
| 2022 | 317,200 | 8,936 | 308,264 | 428.4 | 0% |
| 2023 | 58,161 | 504,274 | −446,113 | -3.0 | 0% |
In its most recent public year (2023), this organization spent $446,113 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3 months), down from 1.3 in 2021. Staff pay was 0% 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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