Asante Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,983,244 | 3,535,184 | 1,448,060 | 110.0 | 28% |
| 2021 | 13,979,633 | 6,467,391 | 7,512,242 | 79.5 | 19% |
| 2022 | 28,616,876 | 13,410,921 | 15,205,955 | 44.2 | 10% |
| 2023 | 10,903,120 | 5,318,813 | 5,584,307 | 131.5 | 26% |
In its most recent public year (2023), this organization brought in $5,584,307 more than it spent. Its reserves stood at about 131.5 months of spending, up from 110 in 2020. Staff pay was 26% of spending. $54,458,140 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
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