Global Outreach Charter Academys
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,861,082 | 9,210,337 | −349,255 | 1.9 | 57% |
| 2021 | 15,029,713 | 14,883,023 | 146,690 | 1.3 | 44% |
| 2022 | 16,215,591 | 15,320,943 | 894,648 | 2.0 | 53% |
| 2023 | 21,479,273 | 21,819,743 | −340,470 | 1.2 | 46% |
In its most recent public year (2023), this organization spent $340,470 more than it brought in. Its reserves stood at about 1.2 months of spending. Staff pay was 46% 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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