Open Way Learning
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 66,771 | 52,536 | 14,235 | 5.9 | — |
| 2021 | 141,001 | 130,911 | 10,090 | 3.4 | — |
| 2022 | 325,574 | 334,950 | −9,376 | 1.0 | 52% |
| 2023 | 414,181 | 402,454 | 11,727 | 1.1 | 56% |
In its most recent public year (2023), this organization brought in $11,727 more than it spent. Its reserves stood at about 1.1 months of spending, down from 5.9 in 2020. Staff pay was 56% 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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