Audio & Braille Literacy Enhancement Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 451,549 | 444,774 | 6,775 | 19.0 | 68% |
| 2021 | 489,990 | 428,244 | 61,746 | 23.5 | 69% |
| 2022 | 496,250 | 455,764 | 40,486 | 21.7 | 65% |
| 2023 | 530,138 | 485,578 | 44,560 | 21.8 | 67% |
In its most recent public year (2023), this organization brought in $44,560 more than it spent. Its reserves stood at about 21.8 months of spending, up from 19 in 2020. Staff pay was 67% of spending. $162,233 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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