Avance Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,813,973 | 3,700,167 | −1,886,194 | 47.9 | 40% |
| 2012 | 1,636,542 | 5,975,792 | −4,339,250 | 20.9 | 30% |
| 2013 | 1,636,397 | 3,834,186 | −2,197,789 | 25.7 | 48% |
| 2014 | 2,001,065 | 3,961,881 | −1,960,816 | 19.0 | 57% |
| 2015 | 2,579,345 | 4,024,743 | −1,445,398 | 14.4 | 56% |
| 2016 | 4,025,799 | 4,770,774 | −744,975 | 10.3 | 48% |
| 2017 | 4,580,669 | 4,877,176 | −296,507 | 9.4 | 38% |
| 2018 | 1,115,447 | 3,361,441 | −2,245,994 | 5.6 | 42% |
| 2019 | 2,505,380 | 2,726,053 | −220,673 | 5.9 | 52% |
| 2020 | 2,540,043 | 3,062,270 | −522,227 | 3.2 | 56% |
| 2021 | 12,181,616 | 11,603,695 | 577,921 | 1.4 | 54% |
| 2022 | 14,922,059 | 14,834,731 | 87,328 | 1.2 | 62% |
| 2023 | 26,342,001 | 17,516,990 | 8,825,011 | 7.1 | 61% |
In its most recent public year (2023), this organization brought in $8,825,011 more than it spent. Its reserves stood at about 7.1 months of spending, down from 47.9 in 2011. Staff pay was 61% of spending. $943,298 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
Avance 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