Abernethy Memorial Child Development Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 827,913 | 706,107 | 121,806 | 3.0 | 76% |
| 2021 | 754,703 | 705,723 | 48,980 | 3.9 | 69% |
| 2022 | 928,471 | 844,038 | 84,433 | 4.4 | 67% |
In its most recent public year (2022), this organization brought in $84,433 more than it spent. Its reserves stood at about 4.4 months of spending, up from 3 in 2020. Staff pay was 67% 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 2022. 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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