Inspire Me Learning Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 114,552 | 100,727 | 13,825 | 1.7 | 69% |
| 2019 | 274,768 | 287,509 | −12,741 | 0.1 | 71% |
| 2020 | 426,147 | 415,480 | 10,667 | 0.3 | 70% |
| 2021 | 748,608 | 688,382 | 60,226 | 1.3 | 64% |
In its most recent public year (2021), this organization brought in $60,226 more than it spent. Its reserves stood at about 1.3 months of spending. Staff pay was 64% 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 2021. 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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