Avenues To Independence Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,175,146 | 1,749,462 | 425,684 | 58.3 | 5% |
| 2021 | 998,398 | 1,100,541 | −102,143 | 102.9 | 2% |
| 2022 | 5,632,867 | 2,737,399 | 2,895,468 | 50.5 | 2% |
| 2023 | 1,225,487 | 2,200,205 | −974,718 | 58.1 | 3% |
In its most recent public year (2023), this organization spent $974,718 more than it brought in. Its reserves stood at about 58.1 months of spending. Staff pay was 3% of spending. $699,152 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
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