Arkansas Association Of Student Financial Aid Administrators Aasfa
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,397 | 6,767 | 2,630 | 169.3 | — |
| 2021 | 20,386 | 26,466 | −6,080 | 40.5 | — |
| 2022 | 39,791 | 40,152 | −361 | 26.6 | — |
| 2023 | 37,214 | 40,669 | −3,455 | 25.2 | — |
In its most recent public year (2023), this organization spent $3,455 more than it brought in. Its reserves stood at about 25.2 months of spending, down from 169.3 in 2020.
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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