Fathers Harbor Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 363,636 | 365,085 | −1,449 | 1.5 | 60% |
| 2012 | 441,384 | 399,867 | 41,517 | -0.7 | 69% |
| 2013 | 471,800 | 439,107 | 32,693 | 0.3 | 62% |
| 2014 | 519,079 | 510,209 | 8,870 | 1.0 | 52% |
| 2015 | 609,927 | 605,149 | 4,778 | 0.9 | 52% |
| 2016 | 515,217 | 622,810 | −107,593 | -0.5 | 42% |
| 2017 | 681,380 | 678,149 | 3,231 | -0.4 | 25% |
| 2018 | 497,004 | 416,672 | 80,332 | 1.5 | 35% |
| 2019 | 445,943 | 446,515 | −572 | 1.3 | 2% |
| 2020 | 205,872 | 311,066 | −105,194 | 1.4 | 58% |
| 2021 | 538,195 | 577,558 | −39,363 | 0.8 | 49% |
| 2022 | 543,425 | 551,851 | −8,426 | 0.2 | 56% |
| 2023 | 562,038 | 466,958 | 95,080 | 2.7 | 60% |
In its most recent public year (2023), this organization brought in $95,080 more than it spent. Its reserves stood at about 2.7 months of spending, up from 1.5 in 2011. Staff pay was 60% 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
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