Kore Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 456,535 | 491,964 | −35,429 | 4.3 | 78% |
| 2021 | 556,305 | 552,034 | 4,271 | 5.7 | 77% |
| 2022 | 528,882 | 554,092 | −25,210 | 5.1 | 73% |
| 2023 | 469,534 | 549,705 | −80,171 | 3.4 | 75% |
In its most recent public year (2023), this organization spent $80,171 more than it brought in. Its reserves stood at about 3.4 months of spending. Staff pay was 75% 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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