Ability Kc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 12,984,193 | 14,775,225 | −1,791,032 | 9.1 | 66% |
| 2021 | 16,180,288 | 15,068,609 | 1,111,679 | 10.6 | 64% |
| 2022 | 13,950,345 | 16,310,104 | −2,359,759 | 7.0 | 64% |
| 2023 | 16,654,040 | 17,474,257 | −820,217 | 6.6 | 65% |
In its most recent public year (2023), this organization spent $820,217 more than it brought in. Its reserves stood at about 6.6 months of spending, down from 9.1 in 2020. Staff pay was 65% of spending. $3,722,921 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works