Clarence E Phillips Ascend Organization Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 144,889 | 55,271 | 89,618 | 19.5 | — |
| 2018 | 184,332 | 171,784 | 12,548 | 7.1 | — |
| 2019 | 274,721 | 234,409 | 40,312 | 2.1 | 7% |
| 2020 | 914,292 | 860,587 | 53,705 | 0.7 | 3% |
| 2021 | 1,658,340 | 916,280 | 742,060 | 1.6 | 5% |
| 2022 | 2,383,934 | 2,270,618 | 113,316 | 1.3 | 4% |
In its most recent public year (2022), this organization brought in $113,316 more than it spent. Its reserves stood at about 1.3 months of spending, down from 19.5 in 2017. Staff pay was 4% 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 2022. 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