American Aerospace Technical Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 21,064 | 18,891 | 2,173 | 1.4 | — |
| 2016 | 537,336 | 456,309 | 81,027 | 2.2 | 35% |
| 2017 | 676,403 | 696,334 | −19,931 | 1.1 | 31% |
| 2018 | 585,806 | 658,732 | −72,926 | 0.2 | 26% |
| 2019 | 424,703 | 397,147 | 27,556 | 1.1 | 38% |
| 2020 | 324,270 | 402,842 | −78,572 | 2.3 | 49% |
| 2021 | 717,167 | 448,202 | 268,965 | 0.1 | 45% |
| 2022 | 355,453 | 500,987 | −145,534 | -3.4 | 42% |
| 2023 | 308,599 | 448,300 | −139,701 | -7.5 | 51% |
In its most recent public year (2023), this organization spent $139,701 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.5 months), down from 1.4 in 2015. Staff pay was 51% 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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