Empower Charter School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 1,184,260 | 919,384 | 264,876 | 3.5 | 39% |
| 2016 | 1,281,012 | 1,275,388 | 5,624 | 2.4 | 44% |
| 2017 | 1,271,183 | 1,268,383 | 2,800 | 2.5 | 51% |
| 2018 | 1,550,487 | 1,698,078 | −147,591 | 0.8 | 50% |
| 2019 | 1,912,956 | 1,899,326 | 13,630 | 0.8 | 51% |
| 2020 | 1,889,030 | 1,820,027 | 69,003 | 1.3 | 49% |
| 2021 | 2,108,620 | 2,076,171 | 32,449 | 1.3 | 49% |
| 2022 | 1,980,493 | 2,117,667 | −137,174 | 0.5 | 50% |
| 2023 | 2,923,851 | 2,928,665 | −4,814 | 0.4 | 51% |
In its most recent public year (2023), this organization spent $4,814 more than it brought in. Its reserves stood at about 0.4 months of spending, down from 3.5 in 2015. Staff pay was 51% 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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