North Carolina Advanced Energy Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,279,691 | 8,346,803 | −67,112 | 7.3 | 46% |
| 2012 | 8,397,020 | 8,476,330 | −79,310 | 7.1 | 49% |
| 2013 | 7,118,573 | 8,229,050 | −1,110,477 | 5.7 | 53% |
| 2014 | 7,663,476 | 7,792,725 | −129,249 | 5.8 | 50% |
| 2015 | 7,087,343 | 7,213,592 | −126,249 | 6.1 | 51% |
| 2016 | 6,887,998 | 6,717,300 | 170,698 | 6.8 | 53% |
| 2017 | 6,669,273 | 6,350,915 | 318,358 | 7.8 | 57% |
| 2018 | 7,685,439 | 6,487,004 | 1,198,435 | 9.9 | 47% |
| 2019 | 7,840,968 | 6,956,365 | 884,603 | 10.7 | 50% |
| 2020 | 7,615,886 | 6,350,362 | 1,265,524 | 14.1 | 54% |
| 2021 | 8,839,166 | 7,411,080 | 1,428,086 | 14.4 | 47% |
| 2022 | 8,369,337 | 8,811,211 | −441,874 | 11.5 | 45% |
| 2023 | 8,001,008 | 8,288,349 | −287,341 | 11.8 | 52% |
In its most recent public year (2023), this organization spent $287,341 more than it brought in. Its reserves stood at about 11.8 months of spending, up from 7.3 in 2011. Staff pay was 52% 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
North Carolina Advanced Energy Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works