Delaware Association For Adult Community Education Daace
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 552,180 | 570,580 | −18,400 | 9.9 | 55% |
| 2021 | 476,677 | 593,492 | −116,815 | 7.2 | 57% |
| 2022 | 671,879 | 660,233 | 11,646 | 6.6 | 51% |
| 2023 | 603,025 | 616,686 | −13,661 | 6.8 | 56% |
In its most recent public year (2023), this organization spent $13,661 more than it brought in. Its reserves stood at about 6.8 months of spending, down from 9.9 in 2020. Staff pay was 56% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works