Technology Advancement Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 948,206 | 1,005,997 | −57,791 | -0.7 | 0% |
| 2019 | 14,946,548 | 11,960,030 | 2,986,518 | 2.9 | 5% |
| 2020 | 21,712,918 | 18,923,317 | 2,789,601 | 3.6 | 7% |
| 2021 | 24,715,450 | 22,763,017 | 1,952,433 | 4.0 | 8% |
| 2022 | 37,591,709 | 35,759,279 | 1,832,430 | 2.8 | 2% |
In its most recent public year (2022), this organization brought in $1,832,430 more than it spent. Its reserves stood at about 2.8 months of spending, up from -0.7 in 2018. Staff pay was 2% 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 2022. 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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