Washington International Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,236,394 | 1,417,280 | −180,886 | -2.0 | 63% |
| 2021 | 795,135 | 942,963 | −147,828 | -4.9 | 76% |
| 2023 | 1,433,048 | 1,474,558 | −41,510 | -1.3 | 61% |
| 2024 | 1,510,586 | 1,671,454 | −160,868 | -2.2 | 1% |
In its most recent public year (2024), this organization spent $160,868 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.2 months). Staff pay was 1% 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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