Thetford Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 7,635,381 | 6,090,034 | 1,545,347 | 17.0 | 50% |
| 2013 | 6,274,654 | 6,268,724 | 5,930 | 17.1 | 48% |
| 2014 | 6,491,956 | 6,542,280 | −50,324 | 17.1 | 48% |
| 2015 | 7,139,288 | 6,918,449 | 220,839 | 16.8 | 49% |
| 2016 | 7,224,490 | 7,136,323 | 88,167 | 16.5 | 53% |
| 2017 | 7,580,582 | 7,651,873 | −71,291 | 15.9 | 48% |
| 2018 | 7,468,692 | 7,887,822 | −419,130 | 15.3 | 48% |
| 2019 | 6,910,388 | 7,219,024 | −308,636 | 17.0 | 49% |
| 2020 | 7,430,940 | 7,167,068 | 263,872 | 19.7 | 51% |
| 2021 | 8,546,180 | 7,767,212 | 778,968 | 18.8 | 48% |
| 2022 | 8,165,490 | 8,366,478 | −200,988 | 16.1 | 47% |
| 2023 | 9,087,428 | 8,946,466 | 140,962 | 15.8 | 50% |
In its most recent public year (2023), this organization brought in $140,962 more than it spent. Its reserves stood at about 15.8 months of spending, down from 17 in 2012. Staff pay was 50% of spending. $1,942,042 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
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