Visible Men Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,927,469 | 1,790,920 | 136,549 | 4.1 | 50% |
| 2021 | 2,299,645 | 1,976,591 | 323,054 | 5.7 | 42% |
| 2022 | 2,262,476 | 2,004,115 | 258,361 | 7.2 | 42% |
| 2023 | 1,342,433 | 1,986,680 | −644,247 | 3.4 | 43% |
In its most recent public year (2023), this organization spent $644,247 more than it brought in. Its reserves stood at about 3.4 months of spending. Staff pay was 43% 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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