The Abac Advancement Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 213,431 | 211,654 | 1,777 | 0.3 | 0% |
| 2013 | 382,584 | 382,003 | 581 | 0.2 | 0% |
| 2014 | 553,911 | 546,158 | 7,753 | 0.3 | 0% |
| 2015 | 371,653 | 371,923 | −270 | 0.4 | 0% |
| 2016 | 369,936 | 315,037 | 54,899 | 2.6 | 0% |
| 2017 | 540,021 | 577,085 | −37,064 | 0.6 | 0% |
| 2018 | 242,415 | 261,152 | −18,737 | 0.5 | 0% |
| 2019 | 491,311 | 458,080 | 33,231 | 1.2 | 0% |
| 2020 | 431,460 | 408,562 | 22,898 | 2.0 | 0% |
| 2021 | 430,769 | 403,362 | 27,407 | 2.8 | 0% |
| 2022 | 385,690 | 431,789 | −46,099 | 1.4 | 0% |
| 2023 | 553,049 | 548,180 | 4,869 | 1.2 | 0% |
| 2024 | 446,481 | 476,725 | −30,244 | 0.6 | 0% |
In its most recent public year (2024), this organization spent $30,244 more than it brought in. Its reserves stood at about 0.6 months of spending. Staff pay was 0% of spending. $23,920 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 2024. 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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