Engaging Young Minds Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,990 | 74,166 | −69,176 | -11.2 | — |
| 2021 | 117,520 | 153,910 | −36,390 | -8.2 | — |
| 2022 | 235,000 | 0 | 235,000 | — | — |
| 2023 | 345,013 | 328,247 | 16,766 | 2.7 | 45% |
In its most recent public year (2023), this organization brought in $16,766 more than it spent. Its reserves stood at about 2.7 months of spending, up from -11.2 in 2020. Staff pay was 45% 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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