Empowerment Academy Charter School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 2,394,830 | 2,264,419 | 130,411 | 0.7 | 49% |
| 2017 | 3,964,150 | 4,089,249 | −125,099 | 0.0 | 50% |
| 2018 | 5,882,500 | 5,782,930 | 99,570 | 0.2 | 53% |
| 2019 | 7,229,120 | 7,141,324 | 87,796 | 0.3 | 52% |
| 2020 | 10,188,418 | 8,992,395 | 1,196,023 | 1.9 | 54% |
| 2021 | 15,248,676 | 12,187,347 | 3,061,329 | 4.4 | 55% |
| 2022 | 18,995,847 | 17,897,323 | 1,098,524 | 3.7 | 49% |
| 2023 | 26,527,797 | 23,930,098 | 2,597,699 | 4.1 | 47% |
In its most recent public year (2023), this organization brought in $2,597,699 more than it spent. Its reserves stood at about 4.1 months of spending, up from 0.7 in 2016. Staff pay was 47% 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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