Ascent For Life Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 165,413 | 157,939 | 7,474 | 0.6 | — |
| 2017 | 382,486 | 391,757 | −9,271 | 0.1 | 70% |
| 2018 | 269,279 | 261,909 | 7,370 | 0.5 | 68% |
| 2019 | 68,770 | 71,254 | −2,484 | 1.6 | 73% |
| 2020 | 168,753 | 165,181 | 3,572 | 1.1 | 40% |
| 2021 | 287,333 | 289,197 | −1,864 | 0.5 | 17% |
| 2022 | 205,764 | 216,061 | −10,297 | 0.1 | 13% |
| 2023 | 173,691 | 184,947 | −11,256 | -0.6 | 45% |
In its most recent public year (2023), this organization spent $11,256 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.6 months), down from 0.6 in 2016. Staff pay was 45% 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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