African Dream Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 194,404 | 116,624 | 77,780 | 8.0 | — |
| 2014 | 208,367 | 252,695 | −44,328 | 1.6 | 20% |
| 2015 | 200,223 | 222,281 | −22,058 | 0.6 | 22% |
| 2016 | 219,545 | 223,788 | −4,243 | 0.4 | 7% |
| 2017 | 275,784 | 295,399 | −19,615 | 0.5 | 20% |
| 2018 | 168,791 | 177,345 | −8,554 | 0.9 | 0% |
| 2019 | 144,281 | 114,136 | 30,145 | 4.1 | 0% |
| 2020 | 124,589 | 90,716 | 33,873 | 9.6 | 0% |
| 2021 | 79,370 | 112,487 | −33,117 | 4.2 | 0% |
| 2022 | 81,980 | 87,178 | −5,198 | 4.7 | 0% |
| 2023 | 40,195 | 67,667 | −27,472 | 1.2 | 0% |
In its most recent public year (2023), this organization spent $27,472 more than it brought in. Its reserves stood at about 1.2 months of spending, down from 8 in 2013. 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
African Dream Initiative Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works