Advantix Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 1,424,128 | 69,096 | 1,355,032 | 238.1 | 81% |
| 2016 | 1,915,850 | 950,086 | 965,764 | 27.6 | 6% |
| 2017 | 1,818,363 | 826,364 | 991,999 | 46.1 | 9% |
| 2018 | 10,943,357 | 2,160,572 | 8,782,785 | 66.5 | 16% |
| 2019 | 4,258,535 | 3,540,632 | 717,903 | 43.0 | 12% |
| 2020 | 3,872,074 | 3,588,363 | 283,711 | 43.3 | 16% |
| 2021 | 5,632,837 | 4,841,584 | 791,253 | 34.8 | 25% |
| 2022 | 5,194,127 | 3,393,165 | 1,800,962 | 59.1 | 26% |
| 2023 | 9,303,730 | 4,351,297 | 4,952,433 | 58.2 | 26% |
In its most recent public year (2023), this organization brought in $4,952,433 more than it spent. Its reserves stood at about 58.2 months of spending, down from 238.1 in 2015. Staff pay was 26% of spending. $18,450,587 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
Advantix Development Corporation'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