Sankofa School Of Success Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 2,819,373 | 2,153,294 | 666,079 | 3.9 | 73% |
| 2022 | 2,892,517 | 2,349,614 | 542,903 | 6.4 | 69% |
| 2023 | 3,233,837 | 2,639,147 | 594,690 | 8.4 | 70% |
In its most recent public year (2023), this organization brought in $594,690 more than it spent. Its reserves stood at about 8.4 months of spending, up from 3.9 in 2021. Staff pay was 70% 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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