Armed Forces Communications And Electronics Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 419,446 | 453,114 | −33,668 | 7.6 | 0% |
| 2021 | 287,249 | 145,410 | 141,839 | 35.2 | 0% |
| 2022 | 240,068 | 158,649 | 81,419 | 38.5 | 0% |
| 2023 | 522,829 | 599,656 | −76,827 | 8.6 | 0% |
In its most recent public year (2023), this organization spent $76,827 more than it brought in. Its reserves stood at about 8.6 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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