Ecmc Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 77,523,596 | 37,695,409 | 39,828,187 | -13.8 | 39% |
| 2021 | 59,276,530 | 51,025,086 | 8,251,444 | -8.3 | 31% |
| 2022 | 43,495,652 | 49,769,201 | −6,273,549 | -10.0 | 32% |
| 2023 | 31,590,718 | 12,858,781 | 18,731,937 | -21.1 | 20% |
In its most recent public year (2023), this organization brought in $18,731,937 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-21.1 months), down from -13.8 in 2020. Staff pay was 20% 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