Armed Forces Communications And Electronics Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 765,586 | 463,635 | 301,951 | 15.8 | 0% |
| 2021 | 541,910 | 254,972 | 286,938 | 44.2 | 0% |
| 2022 | 979,378 | 700,854 | 278,524 | 20.8 | 0% |
| 2023 | 1,264,878 | 888,161 | 376,717 | 21.9 | 0% |
In its most recent public year (2023), this organization brought in $376,717 more than it spent. Its reserves stood at about 21.9 months of spending, up from 15.8 in 2020. Staff pay was 0% 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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