Fortis Academy Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 355,655 | 335,045 | 20,610 | 1.6 | 56% |
| 2014 | 512,866 | 485,081 | 27,785 | 1.8 | 63% |
| 2015 | 492,398 | 517,711 | −25,313 | 1.1 | 62% |
| 2016 | 517,105 | 520,773 | −3,668 | 1.0 | 68% |
| 2017 | 610,460 | 617,954 | −7,494 | 0.7 | 60% |
| 2018 | 436,905 | 465,191 | −28,286 | 0.2 | 68% |
| 2019 | 479,550 | 459,811 | 19,739 | 0.7 | 67% |
| 2020 | 670,225 | 542,877 | 127,348 | 3.4 | 67% |
| 2021 | 675,551 | 670,611 | 4,940 | 2.9 | 65% |
| 2022 | 1,138,311 | 975,479 | 162,832 | 4.0 | 67% |
| 2023 | 1,103,447 | 1,078,905 | 24,542 | 3.9 | 66% |
In its most recent public year (2023), this organization brought in $24,542 more than it spent. Its reserves stood at about 3.9 months of spending, up from 1.6 in 2013. Staff pay was 66% 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
Fortis 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