The Leadership Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,050,618 | 7,536,972 | −486,354 | 7.4 | 51% |
| 2021 | 8,271,640 | 7,519,280 | 752,360 | 8.6 | 48% |
| 2022 | 10,047,490 | 7,840,528 | 2,206,962 | 11.6 | 52% |
| 2023 | 12,334,988 | 9,543,276 | 2,791,712 | 13.1 | 49% |
In its most recent public year (2023), this organization brought in $2,791,712 more than it spent. Its reserves stood at about 13.1 months of spending, up from 7.4 in 2020. Staff pay was 49% of spending. $5,925,040 of its net assets are donor-restricted.
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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