African Center For Aquatic Research And Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 3,027 | 966 | 2,061 | 25.6 | — |
| 2018 | 40,923 | 14,453 | 26,470 | 23.7 | — |
| 2019 | 64,282 | 89,554 | −25,272 | 0.4 | — |
| 2020 | 172,924 | 62,761 | 110,163 | 21.7 | — |
| 2021 | 174,231 | 90,248 | 83,983 | 26.2 | — |
| 2022 | 744,910 | 378,743 | 366,167 | 17.9 | 10% |
| 2023 | 972,798 | 595,589 | 377,209 | 20.3 | 7% |
In its most recent public year (2023), this organization brought in $377,209 more than it spent. Its reserves stood at about 20.3 months of spending, down from 25.6 in 2017. Staff pay was 7% 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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