Aerospace Center For Excellence Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,487,098 | 2,539,099 | −52,001 | 49.9 | 0% |
| 2021 | 4,085,587 | 2,371,226 | 1,714,361 | 62.4 | 55% |
| 2022 | 2,115,530 | 3,131,838 | −1,016,308 | 42.6 | 45% |
| 2023 | 1,543,643 | 4,255,367 | −2,711,724 | 23.9 | 33% |
In its most recent public year (2023), this organization spent $2,711,724 more than it brought in. Its reserves stood at about 23.9 months of spending, down from 49.9 in 2020. Staff pay was 33% of spending. $1,283,990 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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