Flagstaff Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 6,920,505 | 6,339,789 | 580,716 | 2.2 | 50% |
| 2014 | 7,279,454 | 6,920,611 | 358,843 | 2.2 | 49% |
| 2015 | 7,715,606 | 7,303,545 | 412,061 | -14.0 | 50% |
| 2016 | 8,065,069 | 8,772,460 | −707,391 | -12.6 | 45% |
| 2017 | 8,793,688 | 12,631,920 | −3,838,232 | -12.4 | 33% |
| 2018 | 9,443,872 | 13,970,382 | −4,526,510 | -15.6 | 32% |
| 2019 | 9,448,161 | 9,055,627 | 392,534 | -23.6 | 53% |
| 2020 | 9,942,759 | 8,003,434 | 1,939,325 | -23.2 | 63% |
| 2021 | 9,499,399 | 6,386,692 | 3,112,707 | -23.2 | 79% |
| 2022 | 9,522,253 | 5,818,253 | 3,704,000 | -17.8 | 86% |
| 2023 | 10,856,184 | 10,829,391 | 26,793 | -9.5 | 47% |
| 2024 | 11,157,434 | 10,589,935 | 567,499 | -9.1 | 51% |
In its most recent public year (2024), this organization brought in $567,499 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-9.1 months), down from 2.2 in 2013. Staff pay was 51% 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 2024. 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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