Armenian American Business Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 0 | 1,627 | −1,627 | -67.5 | — |
| 2021 | 0 | 1,000 | −1,000 | -121.9 | — |
| 2022 | 6,700 | 8,912 | −2,212 | -16.7 | — |
| 2023 | 4,050 | 4,435 | −385 | -34.5 | — |
In its most recent public year (2023), this organization spent $385 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-34.5 months), up from -67.5 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 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
Armenian American Business Council'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