Academy Of Basic Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 13,681,392 | 12,997,702 | 683,690 | 24.2 | 47% |
| 2012 | 14,803,154 | 13,707,305 | 1,095,849 | 23.5 | 48% |
| 2013 | 15,024,711 | 14,438,518 | 586,193 | 23.0 | 49% |
| 2014 | 15,976,082 | 15,236,051 | 740,031 | 22.7 | 49% |
| 2015 | 15,976,912 | 15,304,965 | 671,947 | 23.0 | 51% |
| 2016 | 15,680,298 | 16,067,777 | −387,479 | 21.4 | 50% |
| 2017 | 16,495,090 | 16,510,923 | −15,833 | 21.1 | 50% |
| 2018 | 16,602,162 | 16,789,788 | −187,626 | 20.8 | 50% |
| 2019 | 16,811,780 | 16,414,199 | 397,581 | 21.7 | 50% |
| 2020 | 16,985,583 | 16,240,451 | 745,132 | 22.5 | 51% |
| 2021 | 16,384,035 | 15,985,661 | 398,374 | 23.9 | 52% |
| 2022 | 18,844,137 | 17,212,037 | 1,632,100 | 22.6 | 52% |
| 2023 | 19,448,797 | 18,367,215 | 1,081,582 | 22.1 | 51% |
In its most recent public year (2023), this organization brought in $1,081,582 more than it spent. Its reserves stood at about 22.1 months of spending, down from 24.2 in 2011. Staff pay was 51% of spending. $4,462,327 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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