Socrates Academy Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,332,882 | 184,151 | 2,148,731 | 159.3 | 0% |
| 2012 | 726,243 | 435,550 | 290,693 | 75.4 | 0% |
| 2013 | 854,634 | 607,517 | 247,117 | 58.9 | 0% |
| 2014 | 880,866 | 616,198 | 264,668 | 63.2 | 0% |
| 2015 | 903,481 | 742,034 | 161,447 | 55.1 | 0% |
| 2016 | 1,040,882 | 847,228 | 193,654 | 51.0 | 0% |
| 2017 | 1,097,952 | 744,383 | 353,569 | 63.8 | 0% |
| 2018 | 823,179 | 678,990 | 144,189 | 74.2 | 0% |
| 2019 | 809,950 | 694,541 | 115,409 | 73.8 | 0% |
| 2020 | 835,425 | 668,204 | 167,221 | 79.7 | 0% |
| 2021 | 761,787 | 641,672 | 120,115 | 85.2 | 0% |
| 2022 | 549,780 | 836,600 | −286,820 | 61.3 | 0% |
| 2023 | 552,338 | 894,728 | −342,390 | 52.7 | 0% |
In its most recent public year (2023), this organization spent $342,390 more than it brought in. Its reserves stood at about 52.7 months of spending, down from 159.3 in 2011. Staff pay was 0% 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
Socrates Academy Foundation Inc'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