Echelon Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 41,592 | 114,220 | −72,628 | -0.5 | 13% |
| 2021 | 125,477 | 142,417 | −16,940 | -1.8 | 35% |
| 2022 | 247,208 | 244,350 | 2,858 | -4.2 | 34% |
In its most recent public year (2022), this organization brought in $2,858 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-4.2 months), down from -0.5 in 2020. Staff pay was 34% 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 2022. 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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