Laura Jeffrey Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,725,606 | 1,647,855 | 77,751 | -11.8 | 53% |
| 2021 | 1,922,309 | 1,529,789 | 392,520 | -9.6 | 59% |
| 2022 | 1,775,961 | 1,511,113 | 264,848 | -7.6 | 60% |
| 2023 | 1,588,964 | 1,333,523 | 255,441 | -6.3 | 75% |
In its most recent public year (2023), this organization brought in $255,441 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-6.3 months), up from -11.8 in 2020. Staff pay was 75% 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
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