Empowerment Academy Of Charlotte Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 222,470 | 167,129 | 55,341 | 4.0 | 58% |
| 2023 | 345,010 | 265,431 | 79,579 | 6.1 | 38% |
In its most recent public year (2023), this organization brought in $79,579 more than it spent. Its reserves stood at about 6.1 months of spending, up from 4 in 2022. Staff pay was 38% 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
Empowerment Academy Of Charlotte Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works