Shuang Wen Academy Network
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,346,258 | 1,083,188 | 263,070 | 14.6 | 80% |
| 2012 | 851,194 | 1,138,162 | −286,968 | 10.9 | 75% |
| 2013 | 922,098 | 1,124,557 | −202,459 | 9.0 | 77% |
| 2014 | 981,769 | 979,138 | 2,631 | 10.3 | 75% |
| 2015 | 1,048,840 | 943,396 | 105,444 | 12.0 | 72% |
| 2016 | 779,561 | 1,070,944 | −291,383 | 7.2 | 53% |
| 2017 | 863,825 | 1,302,932 | −439,107 | 1.9 | 50% |
| 2018 | 1,201,547 | 1,457,292 | −255,745 | -0.4 | 53% |
| 2019 | 1,626,570 | 1,601,495 | 25,075 | -0.5 | 57% |
| 2020 | 1,180,910 | 1,235,181 | −54,271 | -1.2 | 56% |
| 2021 | 1,461,962 | 1,250,186 | 211,776 | 0.9 | 59% |
| 2022 | 1,808,530 | 1,096,448 | 712,082 | 8.9 | 55% |
| 2023 | 1,678,957 | 1,539,161 | 139,796 | 7.4 | 61% |
In its most recent public year (2023), this organization brought in $139,796 more than it spent. Its reserves stood at about 7.4 months of spending, down from 14.6 in 2011. Staff pay was 61% of spending. $38,228 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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