African-American Community Trust Nfp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 130,000 | 118,148 | 11,852 | 1.2 | — |
| 2020 | 189,381 | 197,529 | −8,148 | 0.2 | — |
| 2021 | 18,100 | 9,642 | 8,458 | 0.4 | — |
| 2022 | 580 | 850 | −270 | 4.4 | — |
| 2023 | 328,196 | 207,957 | 120,239 | 6.8 | 3% |
In its most recent public year (2023), this organization brought in $120,239 more than it spent. Its reserves stood at about 6.8 months of spending, up from 1.2 in 2019. Staff pay was 3% 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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