Young Leaders Academy K-8 Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 374,846 | 305,626 | 69,220 | 2.7 | 0% |
| 2021 | 708,442 | 716,415 | −7,973 | 1.0 | 45% |
| 2022 | 1,362,564 | 1,168,239 | 194,325 | 3.0 | 41% |
In its most recent public year (2022), this organization brought in $194,325 more than it spent. Its reserves stood at about 3 months of spending. Staff pay was 41% 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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