Sharon Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,429,947 | 2,381,959 | 47,988 | 14.5 | 56% |
| 2012 | 2,334,820 | 2,305,720 | 29,100 | 14.9 | 58% |
| 2013 | 2,382,499 | 2,455,754 | −73,255 | 14.1 | 60% |
| 2014 | 2,635,746 | 2,662,520 | −26,774 | 12.1 | 58% |
| 2015 | 2,972,370 | 2,906,736 | 65,634 | 11.2 | 55% |
| 2016 | 2,806,888 | 2,875,059 | −68,171 | 10.8 | 60% |
| 2017 | 3,127,339 | 2,937,173 | 190,166 | 11.8 | 58% |
| 2018 | 3,176,253 | 2,879,505 | 296,748 | 13.3 | 57% |
| 2019 | 3,209,764 | 3,121,251 | 88,513 | 12.6 | 58% |
| 2020 | 2,963,467 | 3,039,873 | −76,406 | 12.6 | 59% |
| 2021 | 4,053,018 | 2,902,983 | 1,150,035 | 17.3 | 61% |
| 2022 | 3,221,353 | 2,958,455 | 262,898 | 17.2 | 58% |
| 2023 | 3,386,914 | 3,097,835 | 289,079 | 17.6 | 58% |
In its most recent public year (2023), this organization brought in $289,079 more than it spent. Its reserves stood at about 17.6 months of spending, up from 14.5 in 2011. Staff pay was 58% of spending. $1,586,558 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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