Cologne Academy Building Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 962,828 | 939,705 | 23,123 | -8.1 | 0% |
| 2021 | 995,051 | 890,668 | 104,383 | -7.2 | 0% |
| 2022 | 1,107,730 | 916,473 | 191,257 | -4.8 | 0% |
| 2023 | 1,095,962 | 917,608 | 178,354 | -2.5 | 0% |
In its most recent public year (2023), this organization brought in $178,354 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2.5 months), up from -8.1 in 2020. Staff pay was 0% 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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