Discovery Language Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 150,882 | 142,014 | 8,868 | 5.2 | — |
| 2022 | 418,987 | 266,133 | 152,854 | 10.5 | 53% |
| 2023 | 330,905 | 316,577 | 14,328 | 12.3 | 67% |
In its most recent public year (2023), this organization brought in $14,328 more than it spent. Its reserves stood at about 12.3 months of spending, up from 5.2 in 2021. Staff pay was 67% of spending. $69,361 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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