Hmong Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,952,589 | 8,213,653 | 738,936 | 6.9 | 40% |
| 2012 | 9,795,844 | 9,072,365 | 723,479 | 7.0 | 42% |
| 2013 | 10,786,939 | 10,196,924 | 590,015 | 6.9 | 42% |
| 2014 | 15,097,200 | 13,818,383 | 1,278,817 | 6.2 | 40% |
| 2015 | 17,202,968 | 15,959,026 | 1,243,942 | 2.5 | 43% |
| 2016 | 19,779,459 | 17,748,644 | 2,030,815 | 3.6 | 42% |
| 2017 | 22,563,498 | 23,153,515 | −590,017 | 2.5 | 37% |
| 2018 | 27,153,188 | 28,044,371 | −891,183 | 1.7 | 37% |
| 2019 | 30,830,532 | 27,363,722 | 3,466,810 | 4.3 | 41% |
| 2020 | 32,893,932 | 32,594,797 | 299,135 | 3.3 | 39% |
| 2021 | 35,478,590 | 30,642,219 | 4,836,371 | 4.2 | 41% |
| 2022 | 39,503,395 | 36,365,843 | 3,137,552 | 4.6 | 38% |
| 2023 | 42,491,137 | 37,727,547 | 4,763,590 | 5.9 | 41% |
In its most recent public year (2023), this organization brought in $4,763,590 more than it spent. Its reserves stood at about 5.9 months of spending. Staff pay was 41% of spending. $13,233,085 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 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
Hmong Academy's IRS filings as a feed — one entry per filing year, through 2023. 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