Alabama Aviation Education Center Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,735,549 | 1,138,571 | 596,978 | 25.0 | 0% |
| 2021 | 3,633,253 | 2,348,341 | 1,284,912 | 18.7 | 10% |
| 2022 | 3,256,165 | 2,137,108 | 1,119,057 | 26.8 | 11% |
| 2023 | 5,823,353 | 3,413,227 | 2,410,126 | 25.3 | 9% |
In its most recent public year (2023), this organization brought in $2,410,126 more than it spent. Its reserves stood at about 25.3 months of spending. Staff pay was 9% 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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