Admiral Farragut Academy Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 392,928 | 145,441 | 247,487 | 194.7 | 0% |
| 2012 | 415,251 | 288,827 | 126,424 | 103.3 | 0% |
| 2013 | 889,579 | 277,060 | 612,519 | 134.2 | 0% |
| 2014 | 749,518 | 244,772 | 504,746 | 176.7 | 0% |
| 2015 | 368,428 | 112,706 | 255,722 | 386.7 | 0% |
| 2016 | 438,842 | 365,280 | 73,562 | 125.6 | 0% |
| 2017 | 910,521 | 245,158 | 665,363 | 234.5 | 0% |
| 2018 | 390,266 | 536,307 | −146,041 | 96.3 | 0% |
| 2019 | 546,283 | 1,676,516 | −1,130,233 | 24.4 | 0% |
| 2020 | 315,799 | 282,512 | 33,287 | 150.4 | 0% |
| 2021 | 606,131 | 222,056 | 384,075 | 227.2 | 0% |
| 2022 | 585,996 | 249,752 | 336,244 | 203.9 | 0% |
| 2023 | 295,121 | 1,651,787 | −1,356,666 | 22.5 | 0% |
In its most recent public year (2023), this organization spent $1,356,666 more than it brought in. Its reserves stood at about 22.5 months of spending, down from 194.7 in 2011. Staff pay was 0% of spending. $1,975,946 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
Admiral Farragut Academy Foundation 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