East Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 3,121,521 | 3,080,593 | 40,928 | 0.2 | 0% |
| 2015 | 3,127,429 | 3,578,780 | −451,351 | -1.0 | 0% |
| 2016 | 2,459,586 | 2,491,357 | −31,771 | -1.6 | 0% |
| 2017 | 2,950,666 | 3,430,837 | −480,171 | -5.1 | 0% |
| 2018 | 2,900,911 | 2,619,005 | 281,906 | -7.4 | 0% |
| 2019 | 3,259,614 | 3,542,477 | −282,863 | -6.4 | 0% |
| 2020 | 2,919,341 | 2,832,102 | 87,239 | -7.7 | 0% |
| 2021 | 3,522,348 | 3,344,874 | 177,474 | -5.8 | 0% |
| 2022 | 3,466,351 | 3,260,630 | 205,721 | -5.2 | 0% |
| 2023 | 4,667,725 | 4,633,013 | 34,712 | -3.6 | 0% |
In its most recent public year (2023), this organization brought in $34,712 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-3.6 months), down from 0.2 in 2014. Staff pay was 0% of spending. $33,408 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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