Pineapple Cove Classical Academy At West Melbourne
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 4,447,307 | 6,513,222 | −2,065,915 | -3.8 | 0% |
| 2020 | 4,820,521 | 5,101,302 | −280,781 | -4.5 | 0% |
| 2021 | 6,377,842 | 6,195,243 | 182,599 | -3.4 | 46% |
| 2022 | 8,310,748 | 8,792,796 | −482,048 | -2.7 | 45% |
| 2023 | 8,762,150 | 9,219,510 | −457,360 | -3.2 | 46% |
In its most recent public year (2023), this organization spent $457,360 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.2 months). Staff pay was 46% 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
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