Nokuse Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 1,732,006 | 1,714,258 | 17,748 | 122.9 | 43% |
| 2018 | 1,769,504 | 1,478,427 | 291,077 | 144.8 | 51% |
| 2019 | 3,966,298 | 1,726,807 | 2,239,491 | 139.5 | 48% |
| 2020 | 1,183,851 | 1,747,203 | −563,352 | 134.1 | 54% |
| 2021 | 1,096,271 | 1,803,430 | −707,159 | 125.2 | 53% |
| 2022 | 4,566,217 | 2,093,043 | 2,473,174 | 122.0 | 49% |
| 2023 | 2,309,549 | 2,202,310 | 107,239 | 116.6 | 45% |
In its most recent public year (2023), this organization brought in $107,239 more than it spent. Its reserves stood at about 116.6 months of spending, down from 122.9 in 2017. Staff pay was 45% of spending. $90,246 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
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