Wells Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 140,534 | 165,867 | −25,333 | 1.2 | 50% |
| 2012 | 65,907 | 59,530 | 6,377 | 4.7 | 85% |
| 2013 | 14,918 | 30,925 | −16,007 | 2.9 | 81% |
| 2014 | 74,585 | 58,645 | 15,940 | 4.8 | 0% |
| 2015 | 68,828 | 49,518 | 19,310 | 10.3 | 0% |
| 2016 | 70,968 | 47,054 | 23,914 | 17.0 | 0% |
| 2017 | 47,111 | 61,925 | −14,814 | 10.0 | 0% |
| 2018 | 277,482 | 102,491 | 174,991 | 26.5 | 0% |
| 2019 | 80,884 | 117,261 | −36,377 | 19.5 | 0% |
| 2020 | 70,391 | 38,825 | 31,566 | 68.6 | 0% |
| 2021 | 121,776 | 149,732 | −27,956 | 15.5 | 0% |
| 2022 | 81,875 | 150,700 | −68,825 | 10.0 | 0% |
| 2023 | 101,986 | 178,448 | −76,462 | 3.3 | 0% |
In its most recent public year (2023), this organization spent $76,462 more than it brought in. Its reserves stood at about 3.3 months of spending, up from 1.2 in 2011. Staff pay was 0% 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
Wells Academy Inc'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