Amac Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 252,938 | 358,020 | −105,082 | -1.7 | 5% |
| 2015 | 105,676 | 51,156 | 54,520 | 0.3 | — |
| 2016 | 108,104 | 41,064 | 67,040 | 19.9 | — |
| 2017 | 70,297 | 50,620 | 19,677 | 20.8 | — |
| 2018 | 144,784 | 109,794 | 34,990 | 13.4 | — |
| 2019 | 211,807 | 186,586 | 25,221 | 9.5 | 49% |
| 2020 | 344,919 | 222,317 | 122,602 | 14.6 | 56% |
| 2021 | 413,119 | 244,100 | 169,019 | 21.6 | 48% |
| 2022 | 237,953 | 396,845 | −158,892 | 8.5 | 69% |
| 2023 | 360,833 | 480,023 | −119,190 | 4.0 | 68% |
In its most recent public year (2023), this organization spent $119,190 more than it brought in. Its reserves stood at about 4 months of spending, up from -1.7 in 2014. Staff pay was 68% 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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