African Technology Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 129,058 | 105,698 | 23,360 | 4.5 | — |
| 2016 | 85,820 | 97,800 | −11,980 | -1.5 | — |
| 2017 | 256,211 | 219,114 | 37,097 | 1.9 | 56% |
| 2018 | 127,755 | 120,261 | 7,494 | 4.2 | — |
| 2019 | 81,460 | 66,386 | 15,074 | 10.4 | — |
| 2020 | 58,672 | 68,041 | −9,369 | 8.5 | — |
| 2021 | 0 | 748 | −748 | 758.3 | — |
In its most recent public year (2021), this organization spent $748 more than it brought in. Its reserves stood at about 758.3 months of spending, up from 4.5 in 2015.
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 2021. 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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