New Century Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,599,401 | 1,574,137 | 25,264 | 2.1 | 53% |
| 2011 | 1,591,791 | 1,573,469 | 18,322 | 2.2 | 45% |
| 2012 | 1,604,316 | 1,672,864 | −68,548 | 1.6 | 45% |
| 2013 | 1,880,860 | 1,853,171 | 27,689 | 1.6 | 44% |
| 2014 | 1,889,770 | 1,993,032 | −103,262 | 0.9 | 46% |
| 2015 | 1,775,851 | 1,785,480 | −9,629 | -5.0 | 48% |
| 2016 | 1,951,462 | 1,734,438 | 217,024 | -3.4 | 41% |
| 2017 | 2,187,872 | 2,098,347 | 89,525 | -3.5 | 43% |
| 2018 | 2,304,830 | 2,288,920 | 15,910 | -4.6 | 41% |
| 2019 | 2,683,727 | 2,458,862 | 224,865 | -1.8 | 43% |
| 2020 | 2,483,142 | 2,469,604 | 13,538 | -2.4 | 42% |
| 2021 | 2,858,746 | 2,756,004 | 102,742 | -2.2 | 38% |
| 2022 | 3,025,339 | 2,804,512 | 220,827 | -1.0 | 36% |
| 2023 | 2,215,453 | 2,339,006 | −123,553 | -1.9 | 41% |
In its most recent public year (2023), this organization spent $123,553 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.9 months), down from 2.1 in 2010. Staff pay was 41% 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
New Century 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