Aamc Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 379,660 | 381,862 | −2,202 | 8.6 | 49% |
| 2021 | 1,037,534 | 500,632 | 536,902 | 19.4 | 35% |
| 2022 | 505,075 | 1,030,345 | −525,270 | 3.3 | 21% |
| 2023 | 627,650 | 836,102 | −208,452 | 1.1 | 30% |
In its most recent public year (2023), this organization spent $208,452 more than it brought in. Its reserves stood at about 1.1 months of spending, down from 8.6 in 2020. Staff pay was 30% of spending. $190,175 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
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