Academy For Creating Enterprise
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 298,529 | 468,219 | −169,690 | 37.4 | 27% |
| 2011 | 580,926 | 566,421 | 14,505 | 31.2 | 39% |
| 2012 | 760,597 | 754,215 | 6,382 | 23.5 | 29% |
| 2013 | 943,602 | 863,041 | 80,561 | 21.7 | 32% |
| 2014 | 848,299 | 943,534 | −95,235 | 18.6 | 32% |
| 2015 | 796,999 | 904,643 | −107,644 | 18.0 | 43% |
| 2017 | 1,291,690 | 850,456 | 441,234 | 27.2 | 37% |
| 2018 | 1,411,866 | 1,098,076 | 313,790 | 20.8 | 42% |
| 2019 | 1,558,472 | 1,485,807 | 72,665 | 17.6 | 39% |
| 2020 | 1,923,269 | 1,274,398 | 648,871 | 26.9 | 61% |
| 2021 | 3,746,618 | 1,445,257 | 2,301,361 | 42.6 | 64% |
| 2022 | 1,724,590 | 2,036,527 | −311,937 | 27.5 | 31% |
| 2023 | 1,345,456 | 2,323,176 | −977,720 | 19.1 | 25% |
In its most recent public year (2023), this organization spent $977,720 more than it brought in. Its reserves stood at about 19.1 months of spending, down from 37.4 in 2010. Staff pay was 25% of spending. $624,194 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
Academy For Creating Enterprise's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works