Advancement Regional Business Lenders Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 205,575 | 233,408 | −27,833 | 59.0 | 55% |
| 2021 | 189,338 | 229,213 | −39,875 | 56.3 | 56% |
| 2022 | 229,565 | 217,451 | 12,114 | 62.2 | 58% |
| 2023 | 187,249 | 224,513 | −37,264 | 58.2 | 59% |
In its most recent public year (2023), this organization spent $37,264 more than it brought in. Its reserves stood at about 58.2 months of spending. Staff pay was 59% 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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