Alaska Postsecondary Access And Completion Network
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 77,818 | 51,762 | 26,056 | 6.0 | — |
| 2018 | 62,943 | 71,452 | −8,509 | 2.9 | — |
| 2019 | 34,991 | 6,295 | 28,696 | 88.2 | — |
| 2020 | 54,425 | 85,578 | −31,153 | 2.1 | — |
In its most recent public year (2020), this organization spent $31,153 more than it brought in. Its reserves stood at about 2.1 months of spending, down from 6 in 2017.
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 2020. 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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