Sheila C Skip Nowell Leadership Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,214,298 | 3,376,308 | −162,010 | 4.1 | 46% |
| 2021 | 3,973,998 | 3,285,111 | 688,887 | 6.7 | 49% |
| 2022 | 3,891,523 | 3,909,605 | −18,082 | 5.6 | 45% |
| 2023 | 4,475,505 | 4,351,556 | 123,949 | 5.4 | 47% |
In its most recent public year (2023), this organization brought in $123,949 more than it spent. Its reserves stood at about 5.4 months of spending, up from 4.1 in 2020. Staff pay was 47% of spending. $50,400 of its net assets are donor-restricted.
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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