Newcomb Academy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 136,195 | 114,923 | 21,272 | 20.3 | — |
| 2012 | 88,900 | 97,778 | −8,878 | 22.8 | — |
| 2013 | 112,873 | 112,953 | −80 | 19.7 | — |
| 2014 | 133,785 | 122,516 | 11,269 | 19.3 | — |
| 2015 | 146,529 | 101,166 | 45,363 | 28.7 | — |
| 2016 | 170,243 | 174,173 | −3,930 | 16.4 | 0% |
| 2017 | 146,475 | 134,020 | 12,455 | 21.6 | 0% |
| 2018 | 157,315 | 29,244 | 128,071 | 151.5 | 0% |
| 2019 | 145,747 | 133,960 | 11,787 | 34.1 | 0% |
| 2020 | 71,262 | 213,495 | −142,233 | 13.0 | 0% |
| 2021 | 97,061 | 15,173 | 81,888 | 177.4 | 0% |
| 2022 | 90,229 | 69,093 | 21,136 | 50.4 | 0% |
| 2023 | 62,851 | 109,521 | −46,670 | 15.7 | 0% |
| 2024 | 214,915 | 275,735 | −60,820 | 3.6 | 0% |
In its most recent public year (2024), this organization spent $60,820 more than it brought in. Its reserves stood at about 3.6 months of spending, down from 20.3 in 2011. Staff pay was 0% 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 2024. 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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