Coral Academy Of Science Reno
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,981,023 | 9,572,943 | −591,920 | -7.3 | 48% |
| 2021 | 13,484,038 | 11,652,338 | 1,831,700 | -4.1 | 51% |
| 2022 | 13,673,616 | 13,414,914 | 258,702 | -3.3 | 51% |
| 2023 | 15,863,488 | 17,430,565 | −1,567,077 | -3.6 | 46% |
In its most recent public year (2023), this organization spent $1,567,077 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.6 months), up from -7.3 in 2020. Staff pay was 46% of spending. $11,036,552 of its net assets are donor-restricted.
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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