Advance Carolina Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 154,470 | 143,908 | 10,562 | 0.9 | — |
| 2015 | 190,380 | 184,437 | 5,943 | 1.1 | — |
| 2016 | 0 | 11,086 | −11,086 | 5.9 | — |
| 2017 | 0 | 1,556 | −1,556 | 29.4 | — |
| 2018 | 0 | 50 | −50 | 903.1 | — |
| 2019 | 0 | 0 | 0 | — | — |
| 2020 | 498 | 61 | 437 | 816.2 | — |
In its most recent public year (2020), this organization brought in $437 more than it spent. Its reserves stood at about 816.2 months of spending, up from 0.9 in 2014.
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 2020. 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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