Arc Athens Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 16,031 | 3,424 | 12,607 | 44.2 | — |
| 2018 | 47,277 | 44,988 | 2,289 | 4.0 | — |
| 2019 | 100,792 | 83,651 | 17,141 | 4.6 | — |
| 2020 | 46,233 | 80,318 | −34,085 | -0.3 | — |
| 2021 | 107,954 | 120,403 | −12,449 | -1.4 | — |
| 2022 | 175,824 | 159,355 | 16,469 | 0.1 | — |
| 2023 | 188,090 | 202,838 | −14,748 | -0.8 | — |
In its most recent public year (2023), this organization spent $14,748 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.8 months), down from 44.2 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 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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