Air & Space Forces Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 20,748,056 | 18,582,935 | 2,165,121 | 8.9 | 39% |
| 2020 | 19,163,734 | 14,719,205 | 4,444,529 | 14.7 | 50% |
| 2023 | 41,249,058 | 25,567,774 | 15,681,284 | 21.4 | 41% |
In its most recent public year (2023), this organization brought in $15,681,284 more than it spent. Its reserves stood at about 21.4 months of spending, up from 8.9 in 2019. Staff pay was 41% of spending. $3,569,878 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 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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