Able Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 36,272 | 2,585 | 33,687 | 156.4 | — |
| 2018 | 311,597 | 309,822 | 1,775 | 0.8 | 51% |
| 2019 | 763,656 | 786,696 | −23,040 | -0.6 | 52% |
| 2020 | 1,232,279 | 1,208,891 | 23,388 | -0.1 | 66% |
| 2021 | 1,640,933 | 1,460,633 | 180,300 | 1.4 | 69% |
| 2022 | 1,777,798 | 1,564,980 | 212,818 | 2.9 | 68% |
| 2023 | 1,842,548 | 1,808,759 | 33,789 | 2.7 | 68% |
| 2024 | 1,760,057 | 1,964,693 | −204,636 | 1.3 | 64% |
In its most recent public year (2024), this organization spent $204,636 more than it brought in. Its reserves stood at about 1.3 months of spending, down from 156.4 in 2016. Staff pay was 64% 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 2024. 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
Able Academy's IRS filings as a feed — one entry per filing year, through 2024. 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