Sumner Academy Inc Nichols Lane
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,247,653 | 2,461,861 | −214,208 | 6.2 | 52% |
| 2012 | 2,432,116 | 2,634,930 | −202,814 | 4.9 | 53% |
| 2013 | 2,315,497 | 2,534,960 | −219,463 | 4.0 | 52% |
| 2014 | 2,384,341 | 2,367,899 | 16,442 | 4.4 | 54% |
| 2015 | 2,343,219 | 2,490,305 | −147,086 | 3.5 | 50% |
| 2016 | 1,989,826 | 2,201,607 | −211,781 | 2.8 | 53% |
| 2017 | 1,967,932 | 1,981,332 | −13,400 | 3.0 | 60% |
| 2018 | 2,047,127 | 2,153,593 | −106,466 | 2.1 | 50% |
| 2019 | 1,990,099 | 2,195,620 | −205,521 | 1.0 | 50% |
| 2020 | 2,249,747 | 2,220,515 | 29,232 | 1.1 | 50% |
| 2021 | 2,180,482 | 2,200,721 | −20,239 | 1.0 | 52% |
| 2022 | 2,478,487 | 2,201,314 | 277,173 | 2.5 | 54% |
| 2023 | 2,888,500 | 2,785,855 | 102,645 | 2.4 | 47% |
In its most recent public year (2023), this organization brought in $102,645 more than it spent. Its reserves stood at about 2.4 months of spending, down from 6.2 in 2011. Staff pay was 47% of spending. $259,922 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
Sumner Academy Inc Nichols Lane'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