Elevate Academy North Llc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2023 | 4,777,905 | 3,939,912 | 837,993 | 2.6 | 41% |
| 2024 | 5,544,835 | 5,581,839 | −37,004 | 1.7 | 34% |
In its most recent public year (2024), this organization spent $37,004 more than it brought in. Its reserves stood at about 1.7 months of spending. Staff pay was 34% 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 2024. 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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