Richard Allen Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,076,963 | 1,216,470 | −139,507 | -1.6 | 0% |
| 2012 | 1,131,451 | 1,084,761 | 46,690 | -0.0 | 0% |
| 2013 | 945,314 | 960,025 | −14,711 | -0.2 | 0% |
| 2015 | 805,150 | 799,941 | 5,209 | -37.6 | 0% |
| 2016 | 795,463 | 558,829 | 236,634 | -65.0 | 2% |
| 2017 | 801,743 | 720,997 | 80,746 | -49.1 | 1% |
| 2018 | 1,947,849 | 2,080,256 | −132,407 | -25.0 | 1% |
| 2019 | 1,535,035 | 1,386,834 | 148,201 | -28.8 | 4% |
| 2020 | 1,721,148 | 1,738,052 | −16,904 | -18.9 | 3% |
| 2021 | 1,859,899 | 1,894,130 | −34,231 | -15.4 | 3% |
| 2022 | 1,978,939 | 1,801,864 | 177,075 | -11.2 | 3% |
| 2023 | 2,059,715 | 1,734,117 | 325,598 | -6.4 | 3% |
In its most recent public year (2023), this organization brought in $325,598 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-6.4 months), down from -1.6 in 2011. Staff pay was 3% of spending. $16,350 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
Richard Allen 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