Advancing Real Change Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 353,019 | 201,870 | 151,149 | 9.0 | 70% |
| 2016 | 400,041 | 392,176 | 7,865 | 4.9 | 63% |
| 2017 | 673,255 | 568,058 | 105,197 | 5.6 | 61% |
| 2018 | 671,737 | 661,117 | 10,620 | 5.0 | 63% |
| 2019 | 877,108 | 827,676 | 49,432 | 4.7 | 58% |
| 2020 | 1,090,287 | 816,120 | 274,167 | 10.0 | 75% |
| 2021 | 1,196,878 | 1,103,433 | 93,445 | 8.4 | 71% |
| 2022 | 1,091,621 | 1,092,263 | −642 | 8.5 | 64% |
| 2023 | 1,197,886 | 1,445,531 | −247,645 | 4.3 | 65% |
In its most recent public year (2023), this organization spent $247,645 more than it brought in. Its reserves stood at about 4.3 months of spending, down from 9 in 2015. Staff pay was 65% of spending. $125,000 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
Advancing Real Change Inc'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