Society Of Actuaries Professional Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 42,798,462 | 38,443,136 | 4,355,326 | 1.1 | 37% |
| 2021 | 54,354,624 | 39,645,031 | 14,709,593 | 5.5 | 37% |
| 2022 | 57,871,223 | 48,085,443 | 9,785,780 | 6.3 | 32% |
| 2023 | 61,896,814 | 55,635,363 | 6,261,451 | 8.0 | 31% |
In its most recent public year (2023), this organization brought in $6,261,451 more than it spent. Its reserves stood at about 8 months of spending, up from 1.1 in 2020. Staff pay was 31% 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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