Reaching All Minds Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 1,012,817 | 860,500 | 152,317 | 2.1 | 52% |
| 2016 | 1,623,729 | 1,364,429 | 259,300 | 3.6 | 62% |
| 2017 | 2,107,266 | 1,843,912 | 263,354 | 4.4 | 60% |
| 2018 | 2,744,521 | 2,254,958 | 489,563 | 6.2 | 56% |
| 2019 | 3,294,158 | 2,909,124 | 385,034 | 6.4 | 55% |
| 2020 | 3,630,644 | 3,368,066 | 262,578 | 6.5 | 53% |
| 2021 | 4,578,274 | 3,881,781 | 696,493 | 7.8 | 54% |
| 2022 | 5,292,129 | 4,993,871 | 298,258 | 6.7 | 52% |
| 2023 | 5,817,995 | 5,704,213 | 113,782 | 6.1 | 52% |
In its most recent public year (2023), this organization brought in $113,782 more than it spent. Its reserves stood at about 6.1 months of spending, up from 2.1 in 2015. Staff pay was 52% 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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