Bridgton Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,127,388 | 7,922,060 | 205,328 | 13.7 | 31% |
| 2012 | 9,265,187 | 8,541,726 | 723,461 | 13.6 | 30% |
| 2013 | 8,794,663 | 8,269,305 | 525,358 | 15.7 | 31% |
| 2014 | 9,811,167 | 9,543,068 | 268,099 | 14.9 | 29% |
| 2015 | 10,563,646 | 10,343,502 | 220,144 | 14.2 | 30% |
| 2016 | 10,219,402 | 9,581,998 | 637,404 | 15.9 | 30% |
| 2017 | 9,523,229 | 9,480,342 | 42,887 | 16.6 | 28% |
| 2018 | 7,699,174 | 9,172,310 | −1,473,136 | 15.9 | 29% |
| 2019 | 10,517,254 | 9,263,077 | 1,254,177 | 17.7 | 29% |
| 2020 | 9,249,152 | 9,373,601 | −124,449 | 17.7 | 27% |
| 2021 | 9,387,178 | 10,020,858 | −633,680 | 17.7 | 25% |
| 2022 | 12,393,178 | 10,790,016 | 1,603,162 | 17.3 | 27% |
| 2023 | 10,286,617 | 10,991,710 | −705,093 | 17.0 | 28% |
In its most recent public year (2023), this organization spent $705,093 more than it brought in. Its reserves stood at about 17 months of spending, up from 13.7 in 2011. Staff pay was 28% of spending. $5,380,414 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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