Empowered Minds Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 117,809 | 108,904 | 8,905 | 1.0 | — |
| 2021 | 79,476 | 61,260 | 18,216 | 5.3 | — |
| 2022 | 233,165 | 180,159 | 53,006 | 5.3 | 39% |
| 2023 | 133,031 | 140,472 | −7,441 | 6.2 | — |
In its most recent public year (2023), this organization spent $7,441 more than it brought in. Its reserves stood at about 6.2 months of spending, up from 1 in 2020.
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
Empowered Minds Academy's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works