African Community Economic Development Of New England
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 201,374 | 183,585 | 17,789 | 0.0 | 33% |
| 2012 | 275,486 | 275,078 | 408 | 1.1 | 33% |
| 2013 | 164,865 | 169,359 | −4,494 | 1.9 | 49% |
| 2014 | 260,000 | 263,406 | −3,406 | 1.0 | 52% |
| 2015 | 187,400 | 175,743 | 11,657 | 2.3 | — |
| 2016 | 331,756 | 298,896 | 32,860 | 2.7 | 100% |
| 2017 | 274,325 | 348,033 | −73,708 | -0.2 | 100% |
| 2018 | 287,741 | 275,474 | 12,267 | 0.2 | 100% |
| 2019 | 387,135 | 411,755 | −24,620 | -0.6 | 53% |
| 2020 | 613,704 | 619,134 | −5,430 | 0.1 | 0% |
| 2021 | 1,725,358 | 1,417,832 | 307,526 | 2.7 | 25% |
| 2022 | 2,056,732 | 2,269,558 | −212,826 | 0.6 | 26% |
| 2023 | 5,846,206 | 4,733,852 | 1,112,354 | 3.1 | 37% |
In its most recent public year (2023), this organization brought in $1,112,354 more than it spent. Its reserves stood at about 3.1 months of spending, up from 0 in 2011. Staff pay was 37% 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
African Community Economic Development Of New England'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