Educare Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 62,239 | 63,234 | −995 | 1.8 | — |
| 2020 | 62,228 | 65,097 | −2,869 | 1.2 | — |
| 2021 | 56,761 | 46,525 | 10,236 | 4.4 | — |
| 2022 | 46,122 | 56,413 | −10,291 | 1.4 | — |
| 2023 | 41,981 | 51,267 | −9,286 | -0.6 | — |
| 2024 | 36,078 | 44,708 | −8,630 | 0.5 | — |
In its most recent public year (2024), this organization spent $8,630 more than it brought in. Its reserves stood at about 0.5 months of spending, down from 1.8 in 2019.
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
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