Grace Academy Of Kerrville
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 107,768 | 97,130 | 10,638 | 4.1 | 51% |
| 2022 | 174,874 | 154,885 | 19,989 | 4.3 | 53% |
| 2023 | 320,851 | 202,675 | 118,176 | 10.3 | 51% |
| 2024 | 229,025 | 208,550 | 20,475 | 11.2 | 54% |
In its most recent public year (2024), this organization brought in $20,475 more than it spent. Its reserves stood at about 11.2 months of spending, up from 4.1 in 2021. Staff pay was 54% 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 2024. 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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