Thomas Heyward Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,882,929 | 1,726,904 | 156,025 | 7.2 | 63% |
| 2022 | 1,849,659 | 1,796,937 | 52,722 | 7.3 | 6% |
| 2023 | 2,950,732 | 2,107,322 | 843,410 | 11.0 | 4% |
| 2024 | 2,073,649 | 2,050,070 | 23,579 | 11.5 | 58% |
In its most recent public year (2024), this organization brought in $23,579 more than it spent. Its reserves stood at about 11.5 months of spending, up from 7.2 in 2021. Staff pay was 58% 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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