Nyc Academy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 11,702 | 25,382 | −13,680 | 21.1 | — |
| 2021 | 38,934 | 34,983 | 3,951 | 16.6 | — |
| 2022 | 22,650 | 31,776 | −9,126 | 15.2 | — |
| 2023 | 24,223 | 25,863 | −1,640 | 18.6 | — |
In its most recent public year (2023), this organization spent $1,640 more than it brought in. Its reserves stood at about 18.6 months of spending, down from 21.1 in 2020.
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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