Association For Career And Techinical Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 4,908,925 | 4,331,572 | 577,353 | 23.4 | 51% |
| 2022 | 5,708,623 | 5,544,996 | 163,627 | 17.2 | 44% |
| 2023 | 8,038,664 | 7,172,246 | 866,418 | 14.6 | 38% |
| 2024 | 9,280,005 | 8,778,984 | 501,021 | 13.0 | 35% |
In its most recent public year (2024), this organization brought in $501,021 more than it spent. Its reserves stood at about 13 months of spending, down from 23.4 in 2021. Staff pay was 35% of spending. $189,586 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 2024. 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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