Yowealth Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 34,497 | 24,479 | 10,018 | 5.4 | — |
| 2019 | 90,626 | 75,977 | 14,649 | 4.1 | — |
| 2020 | 59,731 | 76,732 | −17,001 | 1.9 | — |
| 2021 | 47,345 | 60,501 | −13,156 | 0.3 | — |
| 2022 | 52,785 | 64,355 | −11,570 | 3.3 | — |
| 2023 | 23,250 | 764,566 | −741,316 | 11.0 | 39% |
In its most recent public year (2023), this organization spent $741,316 more than it brought in. Its reserves stood at about 11 months of spending, up from 5.4 in 2018. Staff pay was 39% 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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