Friends Of Excel Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 863,614 | 322,219 | 541,395 | 44.9 | 0% |
| 2012 | 1,767,162 | 1,066,213 | 700,949 | 21.4 | 0% |
| 2013 | 1,855,188 | 758,692 | 1,096,496 | 47.5 | 0% |
| 2014 | 3,309,643 | 566,102 | 2,743,541 | 117.4 | 0% |
| 2015 | 6,416,422 | 4,897,623 | 1,518,799 | 17.3 | 0% |
| 2016 | 1,974,779 | 1,844,946 | 129,833 | 43.7 | 0% |
| 2017 | 2,205,107 | 1,576,922 | 628,185 | 56.0 | 0% |
| 2018 | 1,874,231 | 1,841,584 | 32,647 | 48.4 | 0% |
| 2019 | 4,298,743 | 908,142 | 3,390,601 | 173.2 | 0% |
| 2020 | 1,698,014 | 1,632,724 | 65,290 | 122.0 | 0% |
| 2021 | 4,642,769 | 3,620,592 | 1,022,177 | 55.4 | 0% |
| 2022 | 7,984,303 | 4,300,996 | 3,683,307 | 56.6 | 0% |
| 2023 | 14,334,849 | 8,898,874 | 5,435,975 | 28.8 | 38% |
In its most recent public year (2023), this organization brought in $5,435,975 more than it spent. Its reserves stood at about 28.8 months of spending, down from 44.9 in 2011. Staff pay was 38% of spending. $8,436,079 of its net assets are donor-restricted.
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
Friends Of Excel 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