Accelerate Long Island Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 551,041 | 215,187 | 335,854 | 18.7 | 45% |
| 2013 | 727,452 | 482,832 | 244,620 | 14.4 | 71% |
| 2014 | 683,966 | 813,081 | −129,115 | 6.7 | 41% |
| 2015 | 610,601 | 571,913 | 38,688 | 10.3 | 46% |
| 2016 | 568 | 172,860 | −172,292 | 22.1 | — |
| 2017 | 517 | 49,093 | −48,576 | 65.8 | — |
| 2018 | 300,344 | 53,052 | 247,292 | 116.8 | 0% |
| 2019 | 300,000 | 23,049 | 276,951 | 413.1 | 0% |
| 2020 | 75,000 | 21,649 | 53,351 | 469.4 | 0% |
| 2021 | 75,000 | 23,517 | 51,483 | 458.4 | 0% |
In its most recent public year (2021), this organization brought in $51,483 more than it spent. Its reserves stood at about 458.4 months of spending, up from 18.7 in 2012. Staff pay was 0% of spending. $1,034 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 2021. 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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