Nova Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,862,868 | 3,711,598 | 151,270 | 1.4 | 53% |
| 2012 | 4,622,353 | 4,378,457 | 243,896 | 1.8 | 51% |
| 2013 | 5,323,017 | 4,950,096 | 372,921 | 2.5 | 49% |
| 2014 | 6,633,760 | 5,374,548 | 1,259,212 | 5.1 | 51% |
| 2015 | 6,448,840 | 5,720,985 | 727,855 | 6.4 | 50% |
| 2016 | 7,478,624 | 6,461,529 | 1,017,095 | 7.5 | 44% |
| 2017 | 8,363,029 | 7,557,926 | 805,103 | 7.7 | 43% |
| 2018 | 9,106,533 | 7,694,577 | 1,411,956 | 9.8 | 43% |
| 2019 | 10,047,703 | 9,470,233 | 577,470 | 8.7 | 38% |
| 2020 | 9,825,251 | 9,264,639 | 560,612 | 9.6 | 39% |
| 2021 | 10,799,891 | 10,241,046 | 558,845 | 9.3 | 41% |
| 2022 | 10,848,377 | 11,264,819 | −416,442 | 8.0 | 41% |
| 2023 | 12,691,269 | 11,379,910 | 1,311,359 | 9.3 | 42% |
In its most recent public year (2023), this organization brought in $1,311,359 more than it spent. Its reserves stood at about 9.3 months of spending, up from 1.4 in 2011. Staff pay was 42% 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 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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