Global Academy Abc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 43,276 | 743,359 | −700,083 | -12.0 | 0% |
| 2020 | 780,238 | 674,996 | 105,242 | -10.9 | 0% |
| 2021 | 780,008 | 630,941 | 149,067 | -8.9 | 0% |
| 2022 | 780,011 | 1,204,005 | −423,994 | -8.9 | 0% |
| 2023 | 868,676 | 757,506 | 111,170 | -10.5 | 0% |
In its most recent public year (2023), this organization brought in $111,170 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-10.5 months), up from -12 in 2019. Staff pay was 0% 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 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
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