Avenues To Independence
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,549,012 | 5,620,220 | −71,208 | 2.5 | 62% |
| 2021 | 5,960,525 | 5,967,559 | −7,034 | 2.3 | 61% |
| 2022 | 7,156,525 | 7,806,497 | −649,972 | 0.8 | 51% |
| 2023 | 7,407,024 | 6,869,319 | 537,705 | 1.9 | 59% |
In its most recent public year (2023), this organization brought in $537,705 more than it spent. Its reserves stood at about 1.9 months of spending. Staff pay was 59% of spending. $13,735 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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