Abaco Rescue Fund Non-Profit Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 920,273 | 172,544 | 747,729 | 52.0 | 0% |
| 2020 | 375,005 | 874,484 | −499,479 | 3.4 | 0% |
| 2021 | 400,203 | 537,177 | −136,974 | 2.5 | 0% |
| 2022 | 267,931 | 299,247 | −31,316 | 3.2 | 0% |
| 2023 | 132,007 | 92,379 | 39,628 | 15.5 | 0% |
In its most recent public year (2023), this organization brought in $39,628 more than it spent. Its reserves stood at about 15.5 months of spending, down from 52 in 2019. Staff pay was 0% 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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