Bio-Med Science Academy Stem School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 787,526 | 1,396,736 | −609,210 | -5.2 | 0% |
| 2015 | 2,279,252 | 1,980,204 | 299,048 | -1.9 | 0% |
| 2016 | 2,738,919 | 2,259,589 | 479,330 | 0.9 | 0% |
| 2017 | 2,808,922 | 2,500,056 | 308,866 | 2.3 | 0% |
| 2018 | 4,232,650 | 3,923,955 | 308,695 | 2.4 | 0% |
| 2019 | 20,516,551 | 4,832,601 | 15,683,950 | 40.9 | 0% |
| 2020 | 11,602,009 | 6,317,983 | 5,284,026 | 41.3 | 0% |
| 2021 | 11,390,976 | 7,145,789 | 4,245,187 | 43.7 | 0% |
| 2022 | 10,802,422 | 10,800,066 | 2,356 | 28.9 | 0% |
| 2023 | 9,701,026 | 10,340,951 | −639,925 | 29.4 | 0% |
In its most recent public year (2023), this organization spent $639,925 more than it brought in. Its reserves stood at about 29.4 months of spending, up from -5.2 in 2014. Staff pay was 0% of spending. $241,884 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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