Knights Basketball Academy Midwest
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 157,852 | 128,956 | 28,896 | 3.8 | — |
| 2016 | 259,399 | 251,268 | 8,131 | 2.3 | 30% |
| 2017 | 350,549 | 320,332 | 30,217 | 2.9 | 47% |
| 2018 | 441,853 | 412,549 | 29,304 | 3.1 | 36% |
| 2019 | 476,305 | 440,301 | 36,004 | 3.9 | 32% |
| 2020 | 450,211 | 399,592 | 50,619 | 5.8 | 50% |
| 2021 | 572,008 | 553,682 | 18,326 | 4.5 | 46% |
| 2022 | 647,091 | 689,579 | −42,488 | 2.9 | 32% |
| 2023 | 963,485 | 899,696 | 63,789 | 3.0 | 26% |
In its most recent public year (2023), this organization brought in $63,789 more than it spent. Its reserves stood at about 3 months of spending. Staff pay was 26% 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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