American Expoloration & Mining Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 811,255 | 1,101,214 | −289,959 | 5.1 | 18% |
| 2021 | 1,580,288 | 1,220,899 | 359,389 | 8.2 | 14% |
| 2022 | 1,375,140 | 1,453,733 | −78,593 | 6.2 | 46% |
In its most recent public year (2022), this organization spent $78,593 more than it brought in. Its reserves stood at about 6.2 months of spending, up from 5.1 in 2020. Staff pay was 46% of spending. $22,184 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 2022. 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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