Kre8ive Fine Arts Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 44,233 | 57,916 | −13,683 | 36.5 | — |
| 2021 | 19,113 | 26,166 | −7,053 | 77.6 | — |
| 2022 | 119,316 | 97,266 | 22,050 | 23.6 | — |
| 2023 | 148,845 | 114,289 | 34,556 | 23.7 | — |
In its most recent public year (2023), this organization brought in $34,556 more than it spent. Its reserves stood at about 23.7 months of spending, down from 36.5 in 2020.
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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