African Dream Academy Foundation Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 54,311 | 26,733 | 27,578 | 20.4 | — |
| 2012 | 160,675 | 172,411 | −11,736 | 2.3 | — |
| 2013 | 161,200 | 137,911 | 23,289 | 5.0 | — |
| 2014 | 262,077 | 215,029 | 47,048 | 5.8 | 0% |
| 2015 | 280,324 | 262,050 | 18,274 | 5.6 | 0% |
| 2016 | 355,539 | 363,949 | −8,410 | 3.8 | 0% |
| 2017 | 343,707 | 418,535 | −74,828 | 1.1 | 0% |
| 2018 | 479,636 | 399,024 | 80,612 | 3.6 | 0% |
| 2019 | 827,596 | 812,562 | 15,034 | 2.0 | 0% |
| 2020 | 582,949 | 513,027 | 69,922 | 4.8 | 0% |
| 2021 | 633,909 | 504,326 | 129,583 | 8.0 | 0% |
| 2022 | 360,798 | 499,547 | −138,749 | 4.7 | 0% |
| 2023 | 388,212 | 436,417 | −48,205 | 4.0 | 4% |
In its most recent public year (2023), this organization spent $48,205 more than it brought in. Its reserves stood at about 4 months of spending, down from 20.4 in 2011. Staff pay was 4% of spending. $21,000 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
African Dream Academy Foundation Incorporated'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