Atlantic Coast Asc Holding Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 0 | 5,735 | −5,735 | -7.5 | 0% |
| 2021 | 0 | 6,320 | −6,320 | 0.0 | 0% |
| 2022 | 0 | 5,281 | −5,281 | -17.0 | 0% |
| 2023 | 0 | 8,149 | −8,149 | -11.1 | 0% |
In its most recent public year (2023), this organization spent $8,149 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-11.1 months), down from -7.5 in 2020. 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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