Gardena Academy Of Culture Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 22,009 | 13,874 | 8,135 | 68.4 | 0% |
| 2013 | 26,380 | 36,417 | −10,037 | 22.7 | 0% |
| 2014 | 17,281 | 32,991 | −15,710 | 19.3 | 0% |
| 2015 | 17,824 | 18,582 | −758 | 33.7 | — |
| 2016 | 21,614 | 26,226 | −4,612 | 21.8 | — |
| 2017 | 16,956 | 29,326 | −12,370 | 14.4 | — |
| 2018 | 23,140 | 29,574 | −6,434 | 10.8 | — |
| 2019 | 27,370 | 36,466 | −9,096 | 5.8 | — |
| 2020 | 21,045 | 29,350 | −8,305 | 3.8 | — |
| 2021 | 0 | 17,697 | −17,697 | -5.7 | — |
| 2022 | 10,600 | 37,259 | −26,659 | -12.6 | — |
| 2023 | 58,825 | 36,911 | 21,914 | -5.6 | — |
| 2024 | 17,180 | 39,481 | −22,301 | -12.0 | — |
In its most recent public year (2024), this organization spent $22,301 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-12 months), down from 68.4 in 2012.
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 2024. 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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