Annapolis Group Of Liberal Arts Colleges Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 151,925 | 106,022 | 45,903 | 67.0 | 7% |
| 2022 | 219,256 | 160,028 | 59,228 | 48.5 | 0% |
| 2023 | 249,075 | 325,569 | −76,494 | 21.0 | 0% |
In its most recent public year (2023), this organization spent $76,494 more than it brought in. Its reserves stood at about 21 months of spending, down from 67 in 2021. Staff pay was 0% 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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