Academic Consortium For Global Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 269,525 | 390,827 | −121,302 | -7.3 | 69% |
| 2021 | 119,373 | 255,970 | −136,597 | -17.6 | 14% |
| 2022 | 0 | 97,892 | −97,892 | -57.9 | 48% |
In its most recent public year (2022), this organization spent $97,892 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-57.9 months), down from -7.3 in 2020. Staff pay was 48% 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 2022. 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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