African Career Education & Resources
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 4,366 | 4,170 | 196 | 0.6 | — |
| 2016 | 59,134 | 45,091 | 14,043 | 3.8 | — |
| 2017 | 226,160 | 120,835 | 105,325 | 11.9 | 0% |
| 2018 | 197,720 | 205,331 | −7,611 | 6.5 | 0% |
| 2019 | 223,808 | 212,832 | 10,976 | 6.9 | 0% |
| 2020 | 1,605,991 | 720,622 | 885,369 | 17.1 | 26% |
| 2021 | 1,897,208 | 1,645,867 | 251,341 | 9.3 | 29% |
| 2022 | 1,773,089 | 1,587,909 | 185,180 | 11.9 | 49% |
| 2023 | 1,484,723 | 1,468,511 | 16,212 | 13.7 | 48% |
In its most recent public year (2023), this organization brought in $16,212 more than it spent. Its reserves stood at about 13.7 months of spending, up from 0.6 in 2015. Staff pay was 48% of spending. $284,904 of its net assets are donor-restricted.
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 Career Education & Resources'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