Astec Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 11,942,338 | 11,100,759 | 841,579 | 1.5 | 0% |
| 2020 | 214,369 | 12,637 | 201,732 | 1287.7 | 0% |
| 2021 | 934,572 | 58,916 | 875,656 | 454.6 | 0% |
| 2022 | 1,841,987 | 465,099 | 1,376,888 | 93.1 | 0% |
| 2023 | 4,841,978 | 559,898 | 4,282,080 | 169.1 | 0% |
In its most recent public year (2023), this organization brought in $4,282,080 more than it spent. Its reserves stood at about 169.1 months of spending, up from 1.5 in 2019. 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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