Puerto Rico Advance Institute Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 172,954 | 159,822 | 13,132 | 3.3 | — |
| 2015 | 154,844 | 164,255 | −9,411 | 2.1 | — |
| 2016 | 136,213 | 123,320 | 12,893 | 0.7 | — |
| 2017 | 162,361 | 152,773 | 9,588 | -0.1 | — |
| 2018 | 162,301 | 151,702 | 10,599 | 3.2 | — |
| 2019 | 142,972 | 143,497 | −525 | 3.0 | — |
| 2020 | 127,735 | 115,767 | 11,968 | 4.9 | — |
| 2021 | 71,073 | 91,608 | −20,535 | 6.8 | — |
| 2022 | 93,799 | 88,864 | 4,935 | 7.7 | — |
| 2023 | 170,380 | 153,377 | 17,003 | 5.8 | — |
In its most recent public year (2023), this organization brought in $17,003 more than it spent. Its reserves stood at about 5.8 months of spending, up from 3.3 in 2014.
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