Advancect Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,005,500 | 933,964 | 71,536 | 0.9 | 0% |
| 2021 | 50,000 | 75 | 49,925 | 19433.8 | 0% |
| 2022 | 73,500 | 69,429 | 4,071 | 21.7 | 0% |
| 2023 | 51,005 | 43,855 | 7,150 | 36.3 | 0% |
In its most recent public year (2023), this organization brought in $7,150 more than it spent. Its reserves stood at about 36.3 months of spending, up from 0.9 in 2020. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works