Twin Cities Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,393,649 | 1,274,185 | 119,464 | 2.1 | 43% |
| 2012 | 1,663,762 | 1,514,376 | 149,386 | 3.0 | 44% |
| 2013 | 1,985,167 | 1,852,502 | 132,665 | 3.3 | 42% |
| 2014 | 2,252,204 | 2,193,112 | 59,092 | 3.1 | 45% |
| 2015 | 2,706,201 | 2,630,434 | 75,767 | -0.9 | 42% |
| 2016 | 3,052,913 | 3,028,760 | 24,153 | -0.7 | 46% |
| 2017 | 8,048,482 | 9,118,977 | −1,070,495 | -1.0 | 34% |
| 2018 | 8,867,379 | 10,223,157 | −1,355,778 | -2.5 | 36% |
| 2019 | 9,050,392 | 8,873,030 | 177,362 | -1.4 | 44% |
| 2020 | 9,226,671 | 8,784,511 | 442,160 | -1.7 | 47% |
| 2021 | 9,406,792 | 8,765,325 | 641,467 | -1.5 | 47% |
| 2022 | 9,744,696 | 9,868,085 | −123,389 | -1.4 | 45% |
| 2023 | 9,877,858 | 9,875,685 | 2,173 | -0.9 | 46% |
In its most recent public year (2023), this organization brought in $2,173 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.9 months), down from 2.1 in 2011. Staff pay was 46% 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
Twin Cities Academy'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