Believe I Can Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 252,785 | 171,632 | 81,153 | 6.9 | 0% |
| 2019 | 600,140 | 201,044 | 399,096 | 30.9 | 44% |
| 2020 | 437,279 | 316,125 | 121,154 | 11.8 | 41% |
| 2021 | 425,664 | 377,276 | 48,388 | 10.0 | 36% |
| 2022 | 554,067 | 447,607 | 106,460 | 12.0 | 33% |
| 2023 | 561,193 | 645,104 | −83,911 | 7.6 | 33% |
In its most recent public year (2023), this organization spent $83,911 more than it brought in. Its reserves stood at about 7.6 months of spending. Staff pay was 33% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works