Afrimerican Culture Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 20,191 | 7,675 | 12,516 | 19.6 | — |
| 2021 | 19,390 | 26,529 | −7,139 | 2.4 | — |
In its most recent public year (2021), this organization spent $7,139 more than it brought in. Its reserves stood at about 2.4 months of spending, down from 19.6 in 2020.
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
Afrimerican Culture Initiative Inc's IRS filings as a feed — one entry per filing year, through 2021. 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