Gems World Academy - Chicago Parent Teacher Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 255,664 | 251,505 | 4,159 | 0.2 | 0% |
| 2019 | 114,832 | 33,861 | 80,971 | 4.8 | 0% |
| 2020 | 100,257 | 154,318 | −54,061 | -3.1 | — |
In its most recent public year (2020), this organization spent $54,061 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.1 months), down from 0.2 in 2018.
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 2020. 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
Gems World Academy - Chicago Parent Teacher Organization's IRS filings as a feed — one entry per filing year, through 2020. 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