Robotics Engineering And Drones Academy Red
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 185,000 | 161,084 | 23,916 | 2.1 | 81% |
| 2020 | 141,370 | 172,584 | −31,214 | 0.0 | 75% |
| 2021 | 60,000 | 44,904 | 15,096 | 4.1 | 0% |
| 2022 | 221,000 | 219,884 | 1,116 | 0.9 | 11% |
In its most recent public year (2022), this organization brought in $1,116 more than it spent. Its reserves stood at about 0.9 months of spending, down from 2.1 in 2019. Staff pay was 11% 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 2022. 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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