Albion Community Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 590,534 | 41,849 | 548,685 | 321.9 | 0% |
| 2021 | 159,785 | 115,143 | 44,642 | 121.7 | 34% |
| 2022 | 84,600 | 113,931 | −29,331 | 119.9 | 43% |
| 2023 | 113,413 | 123,891 | −10,478 | 109.2 | 46% |
In its most recent public year (2023), this organization spent $10,478 more than it brought in. Its reserves stood at about 109.2 months of spending, down from 321.9 in 2020. Staff pay was 46% 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
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