Explore Academy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 0 | 1,036,822 | −1,036,822 | -12.0 | 0% |
| 2019 | 416,683 | 731,033 | −314,350 | -22.2 | 0% |
| 2020 | 827,299 | 1,415,921 | −588,622 | -16.4 | 0% |
| 2021 | 1,181,763 | 2,006,857 | −825,094 | -16.5 | 0% |
| 2022 | 1,867,493 | 3,247,065 | −1,379,572 | -15.3 | 0% |
| 2023 | 2,554,020 | 3,025,998 | −471,978 | -18.3 | 0% |
In its most recent public year (2023), this organization spent $471,978 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-18.3 months), down from -12 in 2018. 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
Explore Academy Foundation'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