Washington Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,417,530 | 5,686,103 | 731,427 | 10.6 | 50% |
| 2012 | 6,946,763 | 6,323,785 | 622,978 | 11.1 | 49% |
| 2013 | 5,739,885 | 5,972,364 | −232,479 | 11.8 | 52% |
| 2014 | 6,169,546 | 5,563,391 | 606,155 | 14.3 | 49% |
| 2015 | 6,717,111 | 6,160,015 | 557,096 | 13.4 | 2% |
| 2016 | 6,782,963 | 6,482,484 | 300,479 | 13.5 | 49% |
| 2017 | 7,399,969 | 6,721,278 | 678,691 | 14.7 | 48% |
| 2018 | 6,898,053 | 6,693,907 | 204,146 | 15.3 | 49% |
| 2019 | 6,373,604 | 6,245,185 | 128,419 | 16.7 | 50% |
| 2020 | 6,623,681 | 6,147,779 | 475,902 | 17.1 | 52% |
| 2021 | 6,085,291 | 5,828,680 | 256,611 | 20.3 | 49% |
| 2022 | 6,354,739 | 5,580,723 | 774,016 | 21.4 | 56% |
| 2023 | 6,481,799 | 6,512,777 | −30,978 | 18.8 | 52% |
| 2024 | 5,856,650 | 6,577,495 | −720,845 | 17.9 | 53% |
In its most recent public year (2024), this organization spent $720,845 more than it brought in. Its reserves stood at about 17.9 months of spending, up from 10.6 in 2011. Staff pay was 53% of spending. $209,725 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 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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