Hellenic American Academy Foundation Nfp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,432,245 | 1,435,620 | −3,375 | -3.9 | 71% |
| 2020 | 1,344,042 | 1,392,631 | −48,589 | -4.4 | 76% |
| 2021 | 1,595,542 | 1,568,505 | 27,037 | -3.7 | 72% |
| 2022 | 3,876,315 | 1,845,134 | 2,031,181 | 10.2 | 69% |
| 2023 | 2,718,169 | 2,065,305 | 652,864 | 13.3 | 69% |
In its most recent public year (2023), this organization brought in $652,864 more than it spent. Its reserves stood at about 13.3 months of spending, up from -3.9 in 2019. Staff pay was 69% 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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