Ace Mentor Program Of The Greater Washington Metropolitan Area Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $66,776 | $93,014 | −$26,238 | 26.4 | 18% |
| 2021 | $102,644 | $75,450 | $27,194 | 36.9 | — |
| 2022 | $90,609 | $83,765 | $6,844 | 34.2 | — |
| 2023 | $101,610 | $97,767 | $3,843 | 29.8 | — |
In its most recent public year (2023), this organization brought in $3,843 more than it spent. Its reserves stood at about 29.8 months of spending, up from 26.4 in 2020.
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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