International Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 8,300 | 27,868 | −19,568 | 0.0 | 0% |
| 2019 | 3,000 | 5,741 | −2,741 | 0.0 | 0% |
| 2020 | 4,500 | 5,190 | −690 | -1.6 | 82% |
In its most recent public year (2020), this organization spent $690 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.6 months), down from 0 in 2018. Staff pay was 82% 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 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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