everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Bac Funding Consortium Inc

Miami, FL / EIN 59-2425541 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011375,480568,138−192,65872.10%
2012363,136349,68813,448117.60%
2013400,1321,070,465−670,33330.90%
2014103,901252,832−148,931123.80%
201656,088153,445−97,357187.10%
201764,213147,577−83,364187.80%
201890,844165,433−74,589162.10%
2019105,835162,000−56,165161.40%
2020125,912153,081−27,169168.70%
2021137,943126,09311,850205.90%
2022130,736128,0272,709203.00%
2023179,846147,14432,702179.30%

In its most recent public year (2023), this organization brought in $32,702 more than it spent. Its reserves stood at about 179.3 months of spending, up from 72.1 in 2011. Staff pay was 0% of spending. $707,823 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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