Leman Academy Of Excellence Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 50,000 | 36,982 | 13,018 | 4.2 | — |
| 2015 | 23,343 | 286,941 | −263,598 | -10.5 | 22% |
| 2016 | 3,834,271 | 4,119,088 | −284,817 | -1.6 | 41% |
| 2017 | 7,458,039 | 7,126,121 | 331,918 | -0.3 | 40% |
| 2018 | 16,048,242 | 15,163,897 | 884,345 | -1.1 | 45% |
| 2019 | 24,688,843 | 24,128,204 | 560,639 | -0.4 | 45% |
| 2020 | 29,475,216 | 28,351,752 | 1,123,464 | 0.1 | 45% |
| 2021 | 38,356,100 | 37,811,278 | 544,822 | 0.3 | 43% |
| 2022 | 46,861,634 | 42,954,989 | 3,906,645 | 0.5 | 46% |
| 2023 | 52,274,701 | 47,518,595 | 4,756,106 | 1.7 | 49% |
In its most recent public year (2023), this organization brought in $4,756,106 more than it spent. Its reserves stood at about 1.7 months of spending, down from 4.2 in 2014. Staff pay was 49% of spending. $4,934,588 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
Leman Academy Of Excellence Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works