Harmony Ark Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 75,410 | 68,544 | 6,866 | 21.7 | — |
| 2019 | 50,720 | 39,253 | 11,467 | 41.5 | — |
| 2020 | 20,368 | 42,158 | −21,790 | 32.4 | — |
| 2021 | 13,029 | 41,243 | −28,214 | 24.9 | — |
| 2022 | 30,211 | 13,992 | 16,219 | 87.4 | — |
| 2023 | 67,423 | 84,089 | −16,666 | 12.2 | — |
| 2024 | 62,209 | 57,444 | 4,765 | 18.8 | — |
In its most recent public year (2024), this organization brought in $4,765 more than it spent. Its reserves stood at about 18.8 months of spending, down from 21.7 in 2018.
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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