Lake Ridge Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,149,379 | 9,205,657 | −56,278 | 2.7 | 41% |
| 2012 | 9,666,080 | 9,570,796 | 95,284 | 2.6 | 42% |
| 2013 | 10,546,872 | 10,483,223 | 63,649 | 2.5 | 42% |
| 2014 | 10,804,277 | 10,830,227 | −25,950 | 2.5 | 41% |
| 2015 | 12,653,401 | 11,576,209 | 1,077,192 | 3.3 | 41% |
| 2016 | 12,552,823 | 11,914,720 | 638,103 | 3.7 | 40% |
| 2017 | 12,347,357 | 12,363,089 | −15,732 | 3.7 | 39% |
| 2018 | 12,671,868 | 12,716,573 | −44,705 | 3.7 | 40% |
| 2019 | 13,042,096 | 13,455,101 | −413,005 | 2.9 | 38% |
| 2020 | 12,941,807 | 13,607,461 | −665,654 | 1.8 | 37% |
| 2021 | 14,431,885 | 13,824,306 | 607,579 | 2.9 | 36% |
| 2022 | 14,706,363 | 14,343,955 | 362,408 | 3.0 | 35% |
| 2023 | 13,069,234 | 14,101,883 | −1,032,649 | 2.4 | 37% |
| 2024 | 9,455,786 | 11,631,040 | −2,175,254 | 0.7 | 45% |
In its most recent public year (2024), this organization spent $2,175,254 more than it brought in. Its reserves stood at about 0.7 months of spending, down from 2.7 in 2011. Staff pay was 45% of spending. $2,865,014 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 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
Lake Ridge Academy's IRS filings as a feed — one entry per filing year, through 2024. 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