Step Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,536,561 | 2,202,667 | 333,894 | 1.9 | 39% |
| 2013 | 2,531,660 | 2,345,878 | 185,782 | 2.7 | 41% |
| 2014 | 2,379,707 | 2,292,444 | 87,263 | 3.2 | 43% |
| 2015 | 3,014,526 | 2,693,441 | 321,085 | -0.2 | 42% |
| 2016 | 3,167,593 | 3,290,052 | −122,459 | -0.6 | 35% |
| 2017 | 3,564,542 | 4,065,781 | −501,239 | -2.0 | 34% |
| 2018 | 5,654,495 | 5,981,332 | −326,837 | -1.7 | 38% |
| 2019 | 6,134,230 | 5,431,891 | 702,339 | -0.4 | 48% |
| 2020 | 8,509,643 | 8,333,398 | 176,245 | 0.0 | 37% |
| 2021 | 8,269,409 | 8,220,687 | 48,722 | 0.1 | 41% |
| 2022 | 9,992,198 | 9,907,461 | 84,737 | 0.2 | 42% |
| 2023 | 10,192,643 | 12,800,942 | −2,608,299 | -2.3 | 34% |
In its most recent public year (2023), this organization spent $2,608,299 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.3 months), down from 1.9 in 2012. Staff pay was 34% 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
Step Academy's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works