Asante Africa Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 292,063 | 263,438 | 28,625 | 4.8 | 28% |
| 2012 | 303,467 | 278,222 | 25,245 | 5.7 | 11% |
| 2013 | 548,193 | 498,725 | 49,468 | 4.4 | 6% |
| 2014 | 833,860 | 589,672 | 244,188 | 8.6 | 9% |
| 2015 | 808,720 | 775,016 | 33,704 | 4.3 | 13% |
| 2016 | 459,335 | 479,972 | −20,637 | 6.4 | 0% |
| 2017 | 507,930 | 459,394 | 48,536 | 8.0 | 0% |
| 2018 | 637,990 | 631,907 | 6,083 | 5.9 | 10% |
| 2019 | 866,824 | 562,279 | 304,545 | 12.9 | 3% |
| 2020 | 869,005 | 747,158 | 121,847 | 11.7 | 4% |
| 2021 | 1,822,872 | 1,100,872 | 722,000 | 15.8 | 4% |
| 2022 | 1,013,443 | 1,389,264 | −375,821 | 8.9 | 1% |
| 2023 | 1,071,082 | 1,040,195 | 30,887 | 12.9 | 0% |
In its most recent public year (2023), this organization brought in $30,887 more than it spent. Its reserves stood at about 12.9 months of spending, up from 4.8 in 2011. Staff pay was 0% of spending. $416,023 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
Asante Africa Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works