National Academic Youth Corps Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 300,399 | 244,057 | 56,342 | 2.8 | 0% |
| 2020 | 483,915 | 522,550 | −38,635 | 0.4 | 0% |
| 2021 | 299,601 | 543,504 | −243,903 | -4.9 | 1% |
| 2022 | 558,380 | 701,750 | −143,370 | -6.3 | 1% |
| 2023 | 1,022,272 | 940,102 | 82,170 | -3.6 | 9% |
In its most recent public year (2023), this organization brought in $82,170 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-3.6 months), down from 2.8 in 2019. Staff pay was 9% 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 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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