Asheville Poverty Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 100,922 | 49,411 | 51,511 | 17.7 | — |
| 2018 | 94,450 | 93,424 | 1,026 | 9.4 | — |
| 2019 | 172,489 | 132,165 | 40,324 | 10.3 | — |
| 2020 | 330,160 | 165,217 | 164,943 | 20.3 | 51% |
| 2021 | 163,398 | 193,477 | −30,079 | 15.4 | — |
| 2022 | 175,151 | 181,182 | −6,031 | 16.1 | — |
| 2023 | 216,222 | 197,647 | 18,575 | 15.9 | 47% |
In its most recent public year (2023), this organization brought in $18,575 more than it spent. Its reserves stood at about 15.9 months of spending, down from 17.7 in 2017. Staff pay was 47% of spending. $105,635 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works