Academic Opportunity Of Arizona
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 1,000 | 1,000 | 0 | 0.0 | — |
| 2015 | 256,250 | 63,903 | 192,347 | 37.3 | 0% |
| 2016 | 12,220 | 17,079 | −4,859 | 136.1 | 59% |
| 2017 | 473,644 | 201,878 | 271,766 | 27.7 | 11% |
| 2018 | 778,923 | 517,373 | 261,550 | 16.9 | 8% |
| 2019 | 533,697 | 1,015,100 | −481,403 | 3.8 | 4% |
| 2020 | 1,692,458 | 719,067 | 973,391 | 22.2 | 10% |
| 2021 | 3,559,924 | 2,130,835 | 1,429,089 | 16.6 | 7% |
| 2022 | 3,984,501 | 2,162,677 | 1,821,824 | 26.7 | 9% |
| 2023 | 4,418,614 | 4,721,485 | −302,871 | 12.2 | 6% |
In its most recent public year (2023), this organization spent $302,871 more than it brought in. Its reserves stood at about 12.2 months of spending, up from 0 in 2013. Staff pay was 6% of spending. $4,574,844 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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