Association Of The Industrial College Of The Armed Forces
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 67,159 | 24,409 | 42,750 | 295.9 | 0% |
| 2013 | 44,530 | 27,180 | 17,350 | 277.2 | 0% |
| 2014 | 24,300 | 36,552 | −12,252 | 210.9 | 0% |
| 2015 | 82,197 | 89,474 | −7,277 | 82.2 | 12% |
| 2016 | 58,319 | 33,309 | 25,010 | 236.7 | 0% |
| 2017 | 58,661 | 55,447 | 3,214 | 148.4 | 10% |
| 2018 | 49,577 | 55,770 | −6,193 | 143.8 | 7% |
| 2019 | 29,428 | 34,570 | −5,142 | 259.1 | 10% |
| 2020 | 90,906 | 19,612 | 71,294 | 527.4 | 9% |
| 2021 | 50,277 | 50,245 | 32 | 210.6 | 22% |
| 2022 | 50,735 | 37,647 | 13,088 | 285.3 | 19% |
| 2023 | −10,074 | 20,860 | −30,934 | 449.4 | 12% |
In its most recent public year (2023), this organization spent $30,934 more than it brought in. Its reserves stood at about 449.4 months of spending, up from 295.9 in 2012. Staff pay was 12% 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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