Association For Black Economic Power
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 429,408 | 213,796 | 215,612 | 12.1 | 13% |
| 2018 | 472,320 | 545,024 | −72,704 | 3.1 | 56% |
| 2019 | 984,958 | 698,881 | 286,077 | 7.4 | 42% |
| 2020 | 792,727 | 250,268 | 542,459 | 46.6 | 32% |
| 2021 | 267,552 | 507,447 | −239,895 | 17.3 | 24% |
| 2022 | 500,502 | 416,122 | 84,380 | 23.5 | 34% |
| 2023 | 182,196 | 488,037 | −305,841 | 12.5 | 40% |
In its most recent public year (2023), this organization spent $305,841 more than it brought in. Its reserves stood at about 12.5 months of spending. Staff pay was 40% of spending. $218,222 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
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