College Bound Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,053,542 | 3,639,767 | 413,775 | 3.6 | 57% |
| 2021 | 4,412,421 | 3,785,497 | 626,924 | 5.5 | 63% |
| 2022 | 4,430,718 | 4,282,580 | 148,138 | 5.3 | 58% |
| 2023 | 5,374,421 | 5,349,943 | 24,478 | 4.3 | 49% |
In its most recent public year (2023), this organization brought in $24,478 more than it spent. Its reserves stood at about 4.3 months of spending. Staff pay was 49% 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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