Creative Discoveries Preschool
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 42,518 | 66,852 | −24,334 | 9.8 | — |
| 2021 | 4,551 | 25,504 | −20,953 | 18.5 | — |
| 2022 | 36,036 | 46,780 | −10,744 | 7.0 | — |
| 2023 | 36,134 | 40,627 | −4,493 | 6.8 | — |
In its most recent public year (2023), this organization spent $4,493 more than it brought in. Its reserves stood at about 6.8 months of spending, down from 9.8 in 2020.
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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