St Thomas More Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,608,355 | 1,944,203 | 2,664,152 | 40.0 | 51% |
| 2021 | 3,172,625 | 2,177,312 | 995,313 | 44.7 | 52% |
| 2022 | 2,241,282 | 2,371,225 | −129,943 | 37.4 | 47% |
| 2023 | 1,822,859 | 2,560,337 | −737,478 | 32.2 | 48% |
In its most recent public year (2023), this organization spent $737,478 more than it brought in. Its reserves stood at about 32.2 months of spending, down from 40 in 2020. Staff pay was 48% 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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