African American Trade Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 301,641 | 158,880 | 142,761 | 11.5 | 0% |
| 2022 | 523,859 | 537,562 | −13,703 | 3.1 | 17% |
| 2023 | 462,228 | 530,224 | −67,996 | 1.6 | 0% |
In its most recent public year (2023), this organization spent $67,996 more than it brought in. Its reserves stood at about 1.6 months of spending, down from 11.5 in 2021. 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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