African American Collections Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 2,800 | 432 | 2,368 | 65.8 | — |
| 2018 | 700 | 67 | 633 | 537.5 | — |
| 2019 | 800 | 75 | 725 | 596.2 | — |
| 2020 | 1,300 | 0 | 1,300 | — | — |
| 2021 | 160,944 | 75,706 | 85,238 | 14.3 | — |
| 2022 | 28,035 | 39,873 | −11,838 | 23.6 | — |
| 2023 | 29,450 | 34,275 | −4,825 | 25.8 | — |
In its most recent public year (2023), this organization spent $4,825 more than it brought in. Its reserves stood at about 25.8 months of spending, down from 65.8 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
African American Collections Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works