Connecticut Association Of Prof Financial Aid Admin Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 84,992 | 79,693 | 5,299 | 40.6 | — |
| 2012 | 88,338 | 82,005 | 6,333 | 40.3 | — |
| 2013 | 62,468 | 72,297 | −9,829 | 44.1 | — |
| 2014 | 66,291 | 81,855 | −15,564 | 36.7 | — |
| 2015 | 60,382 | 0 | 60,382 | — | — |
| 2016 | 67,831 | 83,002 | −15,171 | 33.3 | — |
| 2017 | 42,295 | 58,222 | −15,927 | 44.3 | — |
| 2018 | 88,682 | 88,021 | 661 | 29.4 | — |
| 2019 | 66,220 | 64,642 | 1,578 | 40.3 | — |
| 2020 | 79,164 | 82,499 | −3,335 | 31.1 | — |
| 2021 | 39,638 | 19,112 | 20,526 | 141.2 | — |
| 2022 | 53,168 | 63,066 | −9,898 | 39.2 | — |
| 2023 | 64,252 | 67,869 | −3,617 | 36.3 | — |
In its most recent public year (2023), this organization spent $3,617 more than it brought in. Its reserves stood at about 36.3 months of spending, down from 40.6 in 2011.
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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