Friends Of Inwood Academy For Leadership Charter School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,591,506 | 2,317,307 | 1,274,199 | 6.4 | 0% |
| 2023 | 3,282,629 | 3,423,779 | −141,150 | 3.9 | 0% |
In its most recent public year (2023), this organization spent $141,150 more than it brought in. Its reserves stood at about 3.9 months of spending, down from 6.4 in 2020. 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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