Kuumba Academy Charter School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 3,856,060 | 3,727,774 | 128,286 | 2.1 | 55% |
| 2015 | 7,066,936 | 5,621,234 | 1,445,702 | 3.2 | 53% |
| 2016 | 7,283,647 | 7,992,093 | −708,446 | 1.2 | 56% |
| 2017 | 8,543,089 | 8,906,719 | −363,630 | 0.6 | 41% |
| 2018 | 9,871,900 | 10,119,878 | −247,978 | -15.6 | 39% |
| 2019 | 9,556,552 | 11,652,057 | −2,095,505 | -15.7 | 39% |
| 2020 | 10,394,708 | 11,858,777 | −1,464,069 | -16.9 | 40% |
| 2021 | 10,879,766 | 12,365,520 | −1,485,754 | -17.6 | 39% |
| 2022 | 13,387,496 | 13,594,042 | −206,546 | -16.2 | 43% |
| 2023 | 16,119,237 | 16,097,221 | 22,016 | -13.7 | 39% |
| 2024 | 15,882,820 | 16,374,953 | −492,133 | -13.8 | 37% |
In its most recent public year (2024), this organization spent $492,133 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-13.8 months), down from 2.1 in 2014. Staff pay was 37% of spending. $108,432 of its net assets are donor-restricted.
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 2024. 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
Kuumba Academy Charter School Inc's IRS filings as a feed — one entry per filing year, through 2024. 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