Southern California Soaring Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 718,224 | 615,479 | 102,745 | 3.4 | 16% |
| 2012 | 494,305 | 554,856 | −60,551 | 2.5 | 16% |
| 2013 | 904,964 | 593,482 | 311,482 | 8.6 | 15% |
| 2014 | 542,742 | 694,710 | −151,968 | 4.7 | 16% |
| 2015 | 1,042,336 | 604,818 | 437,518 | 14.1 | 14% |
| 2016 | 1,515,465 | 689,647 | 825,818 | 26.9 | 22% |
| 2017 | 421,989 | 868,155 | −446,166 | 15.2 | 19% |
| 2018 | 512,365 | 691,144 | −178,779 | 16.0 | 17% |
| 2019 | 495,748 | 635,601 | −139,853 | 15.7 | 24% |
| 2020 | 957,509 | 492,073 | 465,436 | 30.1 | 32% |
| 2021 | 528,052 | 544,579 | −16,527 | 32.0 | 33% |
| 2022 | 483,960 | 616,582 | −132,622 | 24.2 | 32% |
| 2023 | 428,796 | 559,745 | −130,949 | 26.2 | 36% |
In its most recent public year (2023), this organization spent $130,949 more than it brought in. Its reserves stood at about 26.2 months of spending, up from 3.4 in 2011. Staff pay was 36% 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
Southern California Soaring Academy 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