Aid To Distressed Families Of Appalachian Counties Inc-Adfac Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,048,753 | 915,119 | 133,634 | 20.0 | 28% |
| 2021 | 1,105,042 | 893,900 | 211,142 | 23.5 | 29% |
| 2022 | 1,004,710 | 937,231 | 67,479 | 23.0 | 29% |
| 2023 | 1,162,704 | 1,391,841 | −229,137 | 13.6 | 24% |
In its most recent public year (2023), this organization spent $229,137 more than it brought in. Its reserves stood at about 13.6 months of spending, down from 20 in 2020. Staff pay was 24% of spending. $370,820 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works