Ace Mentor Program Of America Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 220,754 | 138,359 | 82,395 | 42.1 | 41% |
| 2021 | 507,274 | 494,502 | 12,772 | 13.6 | 16% |
| 2022 | 476,091 | 629,151 | −153,060 | 8.6 | 17% |
| 2023 | 498,311 | 601,822 | −103,511 | 7.3 | 21% |
In its most recent public year (2023), this organization spent $103,511 more than it brought in. Its reserves stood at about 7.3 months of spending, down from 42.1 in 2020. Staff pay was 21% of spending. $121,684 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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