African Ceremonies Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 659,946 | 322,060 | 337,886 | 18.6 | 3% |
| 2012 | 335,416 | 454,544 | −119,128 | 10.0 | 4% |
| 2013 | 429,774 | 377,018 | 52,756 | 13.7 | 4% |
| 2014 | 427,594 | 520,954 | −93,360 | 7.8 | 6% |
| 2015 | 285,044 | 421,278 | −136,234 | 5.8 | 0% |
| 2016 | 442,976 | 342,212 | 100,764 | 10.6 | 0% |
| 2017 | 382,663 | 291,241 | 91,422 | 16.3 | 16% |
| 2018 | 537,199 | 439,738 | 97,461 | 13.4 | 12% |
| 2019 | 208,513 | 416,746 | −208,233 | 8.2 | 11% |
| 2020 | 360,711 | 427,454 | −66,743 | 6.1 | 10% |
| 2021 | 1,408,323 | 428,269 | 980,054 | 33.5 | 9% |
| 2022 | 295,563 | 559,720 | −264,157 | 20.0 | 7% |
| 2023 | 68,862 | 455,919 | −387,057 | 14.4 | 10% |
In its most recent public year (2023), this organization spent $387,057 more than it brought in. Its reserves stood at about 14.4 months of spending, down from 18.6 in 2011. Staff pay was 10% 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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