Victory Ridge Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,504,390 | 3,139,979 | 364,411 | 6.2 | 32% |
| 2012 | 3,938,458 | 4,020,503 | −82,045 | 4.6 | 30% |
| 2013 | 4,084,467 | 4,136,423 | −51,956 | 4.3 | 31% |
| 2014 | 4,032,455 | 4,419,582 | −387,127 | 3.0 | 38% |
| 2015 | 3,688,911 | 4,387,918 | −699,007 | -1.5 | 53% |
| 2016 | 4,509,015 | 4,303,983 | 205,032 | -1.0 | 51% |
| 2017 | 4,789,958 | 4,891,547 | −101,589 | -1.1 | 51% |
| 2018 | 5,486,528 | 5,098,878 | 387,650 | -0.1 | 54% |
| 2019 | 6,340,028 | 6,641,852 | −301,824 | -0.6 | 49% |
| 2020 | 7,526,522 | 7,460,041 | 66,481 | -0.5 | 50% |
| 2021 | 8,207,224 | 8,175,283 | 31,941 | 0.9 | 50% |
| 2022 | 9,160,121 | 8,211,490 | 948,631 | 2.3 | 55% |
| 2023 | 11,505,825 | 10,428,051 | 1,077,774 | 2.8 | 56% |
In its most recent public year (2023), this organization brought in $1,077,774 more than it spent. Its reserves stood at about 2.8 months of spending, down from 6.2 in 2011. Staff pay was 56% 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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