Caravel Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,717,088 | 8,075,637 | 641,451 | 16.4 | 58% |
| 2012 | 8,974,996 | 8,668,337 | 306,659 | 14.5 | 56% |
| 2013 | 9,499,599 | 9,253,227 | 246,372 | 13.0 | 53% |
| 2014 | 9,868,509 | 9,637,089 | 231,420 | 12.3 | 52% |
| 2015 | 10,026,828 | 9,480,950 | 545,878 | 12.6 | 54% |
| 2016 | 9,969,699 | 9,758,455 | 211,244 | 12.8 | 54% |
| 2017 | 9,937,320 | 9,580,396 | 356,924 | 13.7 | 56% |
| 2018 | 9,771,594 | 9,869,327 | −97,733 | 12.7 | 55% |
| 2019 | 10,147,667 | 10,215,992 | −68,325 | 12.9 | 55% |
| 2020 | 9,885,781 | 10,157,612 | −271,831 | 13.9 | 52% |
| 2021 | 11,726,062 | 9,838,068 | 1,887,994 | 16.1 | 57% |
| 2022 | 10,540,566 | 10,523,627 | 16,939 | 14.5 | 55% |
| 2023 | 11,340,547 | 10,820,072 | 520,475 | 15.4 | 57% |
In its most recent public year (2023), this organization brought in $520,475 more than it spent. Its reserves stood at about 15.4 months of spending. Staff pay was 57% 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
Caravel 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