Education & Empowerment Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 3,375,603 | 2,595,261 | 780,342 | 3.2 | 55% |
| 2020 | 3,607,995 | 4,030,836 | −422,841 | 1.5 | 57% |
| 2021 | 3,201,280 | 4,008,716 | −807,436 | 1.1 | 59% |
| 2022 | 585,867 | 603,077 | −17,210 | 7.2 | 42% |
| 2023 | 4,934,696 | 4,752,337 | 182,359 | 1.4 | 79% |
In its most recent public year (2023), this organization brought in $182,359 more than it spent. Its reserves stood at about 1.4 months of spending, down from 3.2 in 2019. Staff pay was 79% 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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