Project Impact Stem Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 53,518 | 53,915 | −397 | -0.1 | 1% |
| 2019 | 1,889,109 | 1,743,089 | 146,020 | 1.0 | 42% |
| 2020 | 2,033,466 | 2,222,362 | −188,896 | -0.2 | 41% |
| 2021 | 2,251,395 | 2,396,780 | −145,385 | -0.9 | 36% |
| 2022 | 2,511,017 | 2,658,097 | −147,080 | -4.8 | 45% |
| 2023 | 3,307,588 | 2,986,808 | 320,780 | -3.0 | 45% |
| 2024 | 3,323,344 | 3,287,897 | 35,447 | -2.6 | 46% |
In its most recent public year (2024), this organization brought in $35,447 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2.6 months), down from -0.1 in 2018. Staff pay was 46% 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 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
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