1hood Media Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 247,405 | 51,913 | 195,492 | 45.2 | 0% |
| 2018 | 520,711 | 530,326 | −9,615 | 4.2 | 38% |
| 2019 | 694,888 | 569,035 | 125,853 | 6.6 | 37% |
| 2020 | 2,028,378 | 918,600 | 1,109,778 | 18.6 | 30% |
| 2021 | 1,856,214 | 1,400,015 | 456,199 | 16.6 | 25% |
| 2022 | 2,400,840 | 2,010,802 | 390,038 | 13.9 | 22% |
| 2023 | 1,745,653 | 2,241,159 | −495,506 | 9.8 | 27% |
In its most recent public year (2023), this organization spent $495,506 more than it brought in. Its reserves stood at about 9.8 months of spending, down from 45.2 in 2017. Staff pay was 27% of spending. $805,868 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 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
1hood Media 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