The Afit Foundation Air Force Institute Of Technology
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 0 | 0 | — | — |
| 2018 | 1,000,136 | 886 | 999,250 | 13682.0 | 0% |
| 2019 | 81,376 | 34,465 | 46,911 | 368.1 | 0% |
| 2020 | 146,921 | 58,137 | 88,784 | 236.6 | 0% |
| 2021 | 165,326 | 60,451 | 104,875 | 248.3 | 4% |
| 2022 | 20,886 | 280,959 | −260,073 | 42.3 | 0% |
| 2023 | 239,841 | 78,172 | 161,669 | 177.0 | 0% |
In its most recent public year (2023), this organization brought in $161,669 more than it spent. Its reserves stood at about 177 months of spending. 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
The Afit Foundation Air Force Institute Of Technology'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