Western Reserve Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 30,537,951 | 33,997,367 | −3,459,416 | 56.0 | 28% |
| 2021 | 58,141,913 | 36,130,423 | 22,011,490 | 60.0 | 28% |
| 2022 | 56,306,990 | 39,253,858 | 17,053,132 | 58.8 | 28% |
| 2023 | 44,235,447 | 39,992,447 | 4,243,000 | 61.0 | 28% |
In its most recent public year (2023), this organization brought in $4,243,000 more than it spent. Its reserves stood at about 61 months of spending, up from 56 in 2020. Staff pay was 28% of spending. $155,515,790 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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