African Heritage Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 95,815 | 96,560 | −745 | 2.0 | — |
| 2020 | 283,950 | 48,586 | 235,364 | 63.0 | 0% |
| 2021 | 560,959 | 566,822 | −5,863 | 5.3 | 7% |
| 2022 | 571,805 | 606,109 | −34,304 | 4.3 | 0% |
| 2023 | 451,303 | 603,579 | −152,276 | 1.2 | 0% |
In its most recent public year (2023), this organization spent $152,276 more than it brought in. Its reserves stood at about 1.2 months of spending. Staff pay was 0% 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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