Candeo Schools Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 4,782,131 | 4,346,439 | 435,692 | 10.4 | 48% |
| 2020 | 4,967,927 | 6,271,441 | −1,303,514 | 4.7 | 35% |
| 2021 | 6,720,813 | 6,048,854 | 671,959 | 6.2 | 49% |
| 2022 | 8,437,820 | 6,956,092 | 1,481,728 | 7.9 | 49% |
| 2023 | 8,978,055 | 7,198,401 | 1,779,654 | 10.6 | 51% |
In its most recent public year (2023), this organization brought in $1,779,654 more than it spent. Its reserves stood at about 10.6 months of spending. Staff pay was 51% 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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