Friends Of Illuminate Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 3,669 | 1,178 | 2,491 | 25.4 | — |
| 2018 | 13,168 | 1,891 | 11,277 | 87.4 | — |
| 2019 | 4,468 | 6,016 | −1,548 | 24.4 | — |
| 2020 | 16,179 | 19,015 | −2,836 | 5.9 | — |
In its most recent public year (2020), this organization spent $2,836 more than it brought in. Its reserves stood at about 5.9 months of spending, down from 25.4 in 2017.
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 2020. 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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