Joy International Exchange Student Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,299,581 | 1,275,342 | 24,239 | 3.6 | 1% |
| 2022 | 1,116,765 | 1,055,062 | 61,703 | 5.1 | 4% |
| 2023 | 1,156,378 | 1,110,011 | 46,367 | 5.3 | 4% |
| 2024 | 800,225 | 920,864 | −120,639 | 4.9 | 5% |
In its most recent public year (2024), this organization spent $120,639 more than it brought in. Its reserves stood at about 4.9 months of spending, up from 3.6 in 2021. Staff pay was 5% 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 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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