Aspire Carolinas Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 205,503 | 110,033 | 95,470 | 10.4 | 74% |
| 2019 | 6,018,302 | 1,937,003 | 4,081,299 | 25.9 | 8% |
| 2020 | 235,202 | 878,453 | −643,251 | 48.3 | 11% |
| 2021 | 1,466,425 | 689,672 | 776,753 | 76.0 | 52% |
| 2022 | 5,242,941 | 754,570 | 4,488,371 | 140.9 | 59% |
| 2023 | 5,241,069 | 1,231,648 | 4,009,421 | 125.4 | 54% |
In its most recent public year (2023), this organization brought in $4,009,421 more than it spent. Its reserves stood at about 125.4 months of spending, up from 10.4 in 2018. Staff pay was 54% of spending. $664,296 of its net assets are donor-restricted.
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
Aspire Carolinas Foundation 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