Area Communities Enrichment Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 117,630 | 248,784 | −131,154 | 20.4 | — |
| 2012 | 901,063 | 313,483 | 587,580 | 38.7 | 0% |
| 2013 | 336,165 | 137,418 | 198,747 | 105.6 | 0% |
| 2014 | 217,756 | 291,724 | −73,968 | 46.7 | 0% |
| 2015 | 827,370 | 377,005 | 450,365 | 50.5 | 0% |
| 2016 | 234,400 | 317,776 | −83,376 | 56.7 | 0% |
| 2017 | 580,497 | 510,446 | 70,051 | 37.0 | 0% |
| 2018 | 326,090 | 166,047 | 160,043 | 125.2 | 0% |
| 2019 | 155,731 | 104,853 | 50,878 | 204.1 | 0% |
| 2020 | 55,777 | 816,221 | −760,444 | 15.0 | 0% |
| 2021 | 66,924 | 44,832 | 22,092 | 279.7 | 0% |
| 2022 | 77,185 | 699,412 | −622,227 | 7.3 | 0% |
| 2023 | 3,819 | 286,741 | −282,922 | 5.9 | 0% |
In its most recent public year (2023), this organization spent $282,922 more than it brought in. Its reserves stood at about 5.9 months of spending, down from 20.4 in 2011. Staff pay was 0% of spending. $97,834 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
Area Communities Enrichment Foundation'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