In Stepps Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 275,077 | 281,909 | −6,832 | -2.6 | 49% |
| 2021 | 176,375 | 237,755 | −61,380 | -6.0 | — |
| 2022 | 202,236 | 378,558 | −176,322 | -9.4 | 59% |
| 2023 | 174,999 | 245,002 | −70,003 | -18.0 | 63% |
In its most recent public year (2023), this organization spent $70,003 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-18 months), down from -2.6 in 2020. Staff pay was 63% 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
In Stepps 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