Urban Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,878,319 | 5,933,507 | −55,188 | -2.2 | 42% |
| 2021 | 7,608,540 | 6,092,097 | 1,516,443 | 0.5 | 42% |
| 2022 | 8,414,369 | 7,355,460 | 1,058,909 | 2.2 | 41% |
| 2023 | 8,220,308 | 8,298,892 | −78,584 | 2.9 | 44% |
In its most recent public year (2023), this organization spent $78,584 more than it brought in. Its reserves stood at about 2.9 months of spending, up from -2.2 in 2020. Staff pay was 44% 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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