Adept Educational Institute Of Maine Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,153,146 | 3,153,146 | 0 | 0.0 | 32% |
| 2021 | 3,188,312 | 3,187,325 | 987 | 0.0 | 36% |
| 2022 | 3,634,909 | 3,634,909 | 0 | 0.0 | 35% |
| 2023 | 3,560,675 | 3,561,450 | −775 | 0.0 | 36% |
In its most recent public year (2023), this organization spent $775 more than it brought in. Its reserves stood at about 0 months of spending. Staff pay was 36% 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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