Global Academic & Enrichment Center Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 0 | 63 | −63 | -1740.2 | 0% |
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 59 | 63 | −4 | -1741.0 | 0% |
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 155 | 112 | 43 | -974.7 | 0% |
| 2018 | 60 | 40 | 20 | -2754.3 | 0% |
| 2019 | 0 | 66 | −66 | -1681.3 | 0% |
| 2020 | 61 | 61 | 0 | 29.5 | 0% |
| 2021 | 7,000 | 1,241 | 5,759 | 63.2 | 0% |
| 2022 | 29,800 | 36,061 | −6,261 | 0.1 | 70% |
In its most recent public year (2022), this organization spent $6,261 more than it brought in. Its reserves stood at about 0.1 months of spending, up from -1740.2 in 2012. Staff pay was 70% 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 2022. 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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