Renaissance Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,579,920 | 5,564,275 | 15,645 | 4.1 | 61% |
| 2021 | 5,844,317 | 6,071,015 | −226,698 | 3.0 | 61% |
| 2022 | 6,766,915 | 6,361,561 | 405,354 | 3.7 | 62% |
| 2023 | 7,267,762 | 7,223,936 | 43,826 | 3.3 | 61% |
In its most recent public year (2023), this organization brought in $43,826 more than it spent. Its reserves stood at about 3.3 months of spending. Staff pay was 61% 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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