Akademic Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,277 | 15,760 | −5,483 | 15.2 | — |
| 2012 | 3,031 | 8,613 | −5,582 | 20.1 | — |
| 2013 | 13,468 | 13,365 | 103 | 13.0 | — |
| 2014 | 32,692 | 31,612 | 1,080 | 5.9 | — |
| 2017 | 52,950 | 33,461 | 19,489 | 6.0 | — |
| 2018 | 45,055 | 5,169 | 39,886 | 131.2 | — |
| 2019 | 174,469 | 33,783 | 140,686 | 70.0 | 0% |
| 2020 | 107,815 | 55,433 | 52,382 | 25.9 | 0% |
| 2021 | 68,074 | 49,613 | 18,461 | 29.4 | 0% |
| 2022 | 161,929 | 105,815 | 56,114 | 19.8 | 0% |
| 2023 | 72,173 | 89,965 | −17,792 | 14.6 | 0% |
In its most recent public year (2023), this organization spent $17,792 more than it brought in. Its reserves stood at about 14.6 months of spending. Staff pay was 0% 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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