Doane Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,831,521 | 3,332,271 | 499,250 | 16.8 | 57% |
| 2012 | 4,045,683 | 3,590,385 | 455,298 | 17.1 | 55% |
| 2013 | 9,551,055 | 3,835,115 | 5,715,940 | 33.9 | 55% |
| 2014 | 5,636,124 | 4,269,938 | 1,366,186 | 34.3 | 52% |
| 2015 | 22,504,943 | 4,661,855 | 17,843,088 | 77.4 | 53% |
| 2016 | 5,602,660 | 5,507,100 | 95,560 | 62.1 | 49% |
| 2017 | 6,297,546 | 6,251,954 | 45,592 | 59.3 | 49% |
| 2018 | 6,240,910 | 6,567,726 | −326,816 | 57.8 | 51% |
| 2019 | 7,515,318 | 6,382,857 | 1,132,461 | 61.6 | 51% |
| 2020 | 7,392,547 | 7,119,658 | 272,889 | 55.7 | 53% |
| 2021 | 6,582,425 | 7,142,898 | −560,473 | 61.5 | 56% |
| 2022 | 11,279,919 | 9,316,519 | 1,963,400 | 43.6 | 46% |
| 2023 | 7,240,090 | 8,681,874 | −1,441,784 | 46.3 | 52% |
In its most recent public year (2023), this organization spent $1,441,784 more than it brought in. Its reserves stood at about 46.3 months of spending, up from 16.8 in 2011. Staff pay was 52% of spending. $17,037,129 of its net assets are donor-restricted.
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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