Palm Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 961,499 | 774,281 | 187,218 | 5.4 | 47% |
| 2012 | 919,936 | 869,002 | 50,934 | 5.5 | 52% |
| 2013 | 1,219,079 | 1,071,089 | 147,990 | 6.2 | 53% |
| 2014 | 1,201,028 | 1,043,061 | 157,967 | 8.1 | 49% |
| 2015 | 1,089,631 | 1,052,743 | 36,888 | 8.5 | 47% |
| 2016 | 1,097,122 | 958,568 | 138,554 | 11.1 | 50% |
| 2017 | 1,265,953 | 1,082,530 | 183,423 | 11.8 | 51% |
| 2018 | 982,605 | 993,008 | −10,403 | 12.8 | 53% |
| 2019 | 1,188,171 | 1,075,081 | 113,090 | 12.9 | 50% |
| 2020 | 1,127,463 | 1,056,895 | 70,568 | 13.9 | 46% |
| 2021 | 749,912 | 694,678 | 55,234 | 20.9 | 34% |
| 2022 | 1,141,110 | 994,885 | 146,225 | 15.9 | 53% |
| 2023 | 993,619 | 995,788 | −2,169 | 17.6 | 54% |
In its most recent public year (2023), this organization spent $2,169 more than it brought in. Its reserves stood at about 17.6 months of spending, up from 5.4 in 2011. Staff pay was 54% 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
Palm 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