Adeo Colorado
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,179,209 | 4,073,252 | 105,957 | 17.1 | 63% |
| 2021 | 4,127,082 | 3,693,698 | 433,384 | 20.3 | 63% |
| 2022 | 3,410,184 | 3,216,491 | 193,693 | 23.6 | 55% |
| 2023 | 4,088,999 | 3,557,833 | 531,166 | 23.4 | 55% |
In its most recent public year (2023), this organization brought in $531,166 more than it spent. Its reserves stood at about 23.4 months of spending, up from 17.1 in 2020. Staff pay was 55% of spending. $42,187 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
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