Foundation Academy Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,555,693 | 2,451,612 | 104,081 | 0.0 | 0% |
| 2012 | 2,977,490 | 2,632,674 | 344,816 | 1.6 | 3% |
| 2013 | 3,067,749 | 2,625,958 | 441,791 | 3.6 | 0% |
| 2014 | 3,303,594 | 2,962,200 | 341,394 | 4.6 | 47% |
| 2015 | 3,347,210 | 2,998,542 | 348,668 | -7.6 | 44% |
| 2016 | 3,599,173 | 3,176,252 | 422,921 | -5.6 | 46% |
| 2017 | 3,982,051 | 3,719,049 | 263,002 | -3.9 | 45% |
| 2018 | 3,887,792 | 2,135,020 | 1,752,772 | -1.9 | 79% |
| 2019 | 3,899,047 | 3,274,719 | 624,328 | 1.0 | 51% |
| 2020 | 5,229,085 | 4,077,954 | 1,151,131 | 4.2 | 45% |
| 2021 | 6,277,446 | 4,850,348 | 1,427,098 | 7.1 | 41% |
| 2022 | 7,179,260 | 4,529,893 | 2,649,367 | 14.6 | 47% |
| 2023 | 7,106,934 | 5,577,198 | 1,529,736 | 15.1 | 45% |
In its most recent public year (2023), this organization brought in $1,529,736 more than it spent. Its reserves stood at about 15.1 months of spending, up from 0 in 2011. Staff pay was 45% 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
Foundation Academy Incorporated'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