Academic Development Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,457,704 | 2,557,740 | −100,036 | 2.7 | 28% |
| 2013 | 1,867,542 | 2,221,058 | −353,516 | 1.2 | 35% |
| 2014 | 2,755,810 | 2,808,539 | −52,729 | 0.7 | 24% |
| 2015 | 2,177,278 | 2,175,153 | 2,125 | 0.9 | 34% |
| 2016 | 1,911,638 | 1,948,721 | −37,083 | 0.8 | 36% |
| 2017 | 2,060,227 | 1,925,722 | 134,505 | 1.7 | 37% |
| 2018 | 2,141,547 | 2,181,441 | −39,894 | 1.2 | 37% |
| 2019 | 2,596,536 | 2,168,480 | 428,056 | 3.6 | 39% |
| 2020 | 2,316,988 | 2,095,068 | 221,920 | 5.0 | 41% |
| 2021 | 2,640,278 | 2,219,462 | 420,816 | 7.0 | 37% |
| 2022 | 3,006,720 | 3,121,100 | −114,380 | 4.5 | 33% |
| 2023 | 3,490,956 | 3,556,314 | −65,358 | 3.8 | 33% |
| 2024 | 2,736,068 | 3,117,674 | −381,606 | 2.8 | 38% |
In its most recent public year (2024), this organization spent $381,606 more than it brought in. Its reserves stood at about 2.8 months of spending. Staff pay was 38% of spending. $38,616 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 2024. 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
Academic Development Institute Inc's IRS filings as a feed — one entry per filing year, through 2024. 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