Advance Democracy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 2,923,000 | 2,868,133 | 54,867 | 0.2 | 12% |
| 2019 | 4,293,100 | 4,077,457 | 215,643 | 0.8 | 7% |
| 2020 | 4,780,000 | 3,069,109 | 1,710,891 | 7.7 | 21% |
| 2021 | 4,369,925 | 2,245,492 | 2,124,433 | 21.3 | 35% |
| 2022 | 2,373,841 | 3,889,517 | −1,515,676 | 14.2 | 30% |
| 2023 | 3,571,736 | 4,127,313 | −555,577 | 11.8 | 37% |
In its most recent public year (2023), this organization spent $555,577 more than it brought in. Its reserves stood at about 11.8 months of spending, up from 0.2 in 2018. Staff pay was 37% 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
Advance Democracy 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