Gould Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 15,222,872 | 15,086,723 | 136,149 | 29.6 | 34% |
| 2021 | 16,747,864 | 16,440,327 | 307,537 | 32.4 | 34% |
| 2022 | 14,917,371 | 17,474,846 | −2,557,475 | 26.1 | 35% |
| 2023 | 16,397,006 | 19,749,833 | −3,352,827 | 22.5 | 34% |
In its most recent public year (2023), this organization spent $3,352,827 more than it brought in. Its reserves stood at about 22.5 months of spending, down from 29.6 in 2020. Staff pay was 34% of spending. $20,824,283 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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