Associated Equipment Distributors
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,030,038 | 4,524,246 | 505,792 | 14.3 | 0% |
| 2021 | 5,029,161 | 4,890,382 | 138,779 | 15.0 | 39% |
| 2022 | 6,804,764 | 6,338,108 | 466,656 | 10.5 | 30% |
| 2023 | 7,126,914 | 6,206,473 | 920,441 | 13.6 | 32% |
In its most recent public year (2023), this organization brought in $920,441 more than it spent. Its reserves stood at about 13.6 months of spending. Staff pay was 32% 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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