African Diaspora College Access Program
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 111,965 | 49,310 | 62,655 | 16.4 | 0% |
| 2019 | 105,053 | 72,065 | 32,988 | 16.7 | 0% |
| 2020 | 137,076 | 93,002 | 44,074 | 18.6 | 65% |
| 2021 | 610,588 | 178,411 | 432,177 | 38.8 | 54% |
| 2022 | 183,884 | 301,866 | −117,982 | 18.2 | 57% |
| 2023 | 295,550 | 307,721 | −12,171 | 17.4 | 54% |
In its most recent public year (2023), this organization spent $12,171 more than it brought in. Its reserves stood at about 17.4 months of spending. Staff pay was 54% of spending.
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
African Diaspora College Access Program'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