Academy Of Innovation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 640,491 | 493,000 | 147,491 | 4.8 | 61% |
| 2019 | 703,454 | 533,088 | 170,366 | 8.3 | 62% |
| 2020 | 708,769 | 580,212 | 128,557 | 10.2 | 59% |
| 2021 | 876,515 | 707,390 | 169,125 | 11.3 | 54% |
| 2022 | 974,859 | 770,080 | 204,779 | 13.5 | 51% |
| 2023 | 791,735 | 764,883 | 26,852 | 13.9 | 47% |
| 2024 | 676,022 | 810,341 | −134,319 | 11.2 | 47% |
In its most recent public year (2024), this organization spent $134,319 more than it brought in. Its reserves stood at about 11.2 months of spending, up from 4.8 in 2018. Staff pay was 47% of spending. $44,991 of its net assets are donor-restricted.
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
Academy Of Innovation Inc's IRS filings as a feed — one entry per filing year, through 2024. 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