Valley Forge Military Academy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 28,978,027 | 30,815,078 | −1,837,051 | 10.3 | 24% |
| 2012 | 29,746,446 | 27,649,045 | 2,097,401 | 12.6 | 29% |
| 2013 | 25,834,032 | 27,515,454 | −1,681,422 | 12.6 | 28% |
| 2014 | 29,901,436 | 30,108,556 | −207,120 | 12.4 | 28% |
| 2015 | 31,387,221 | 30,245,680 | 1,141,541 | 12.6 | 27% |
| 2016 | 31,074,648 | 31,375,061 | −300,413 | 12.1 | 26% |
| 2017 | 28,765,304 | 28,041,665 | 723,639 | 14.2 | 29% |
| 2018 | 26,849,365 | 28,676,144 | −1,826,779 | 13.1 | 26% |
| 2019 | 29,620,863 | 31,026,320 | −1,405,457 | 13.1 | 24% |
| 2020 | 24,849,780 | 28,167,388 | −3,317,608 | 13.1 | 23% |
| 2021 | 14,074,781 | 17,905,926 | −3,831,145 | 21.0 | 26% |
| 2022 | 16,888,821 | 18,506,570 | −1,617,749 | 17.8 | 27% |
| 2023 | 23,193,972 | 18,866,734 | 4,327,238 | 21.0 | 29% |
In its most recent public year (2023), this organization brought in $4,327,238 more than it spent. Its reserves stood at about 21 months of spending, up from 10.3 in 2011. Staff pay was 29% of spending. $23,935,450 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
Valley Forge Military Academy Foundation'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