High Point Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,986,336 | 4,387,286 | 599,050 | 24.9 | 63% |
| 2012 | 5,190,457 | 4,661,642 | 528,815 | 25.0 | 62% |
| 2013 | 5,127,051 | 4,790,776 | 336,275 | 25.8 | 62% |
| 2014 | 5,379,853 | 5,263,475 | 116,378 | 24.3 | 59% |
| 2015 | 5,488,616 | 5,199,892 | 288,724 | 25.6 | 61% |
| 2016 | 5,722,499 | 5,483,967 | 238,532 | 25.1 | 62% |
| 2017 | 5,972,257 | 5,723,213 | 249,044 | 25.2 | 62% |
| 2018 | 6,464,822 | 6,112,870 | 351,952 | 25.1 | 62% |
| 2019 | 6,818,289 | 6,299,428 | 518,861 | 25.5 | 59% |
| 2020 | 7,252,342 | 6,423,580 | 828,762 | 26.9 | 61% |
| 2021 | 8,048,982 | 7,066,958 | 982,024 | 28.6 | 60% |
| 2022 | 7,480,060 | 6,919,768 | 560,292 | 28.2 | 58% |
| 2023 | 8,043,894 | 7,111,145 | 932,749 | 29.6 | 60% |
In its most recent public year (2023), this organization brought in $932,749 more than it spent. Its reserves stood at about 29.6 months of spending, up from 24.9 in 2011. Staff pay was 60% of spending. $405,970 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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