Glenwood Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,963,658 | 9,501,672 | −538,014 | 68.5 | 2% |
| 2012 | 6,874,912 | 8,895,044 | −2,020,132 | 62.4 | 2% |
| 2013 | 6,998,051 | 6,999,773 | −1,722 | 81.8 | 3% |
| 2014 | 5,363,577 | 6,799,583 | −1,436,006 | 91.0 | 5% |
| 2015 | 5,933,194 | 9,605,936 | −3,672,742 | 53.5 | 13% |
| 2016 | 6,678,192 | 5,054,307 | 1,623,885 | 102.9 | 21% |
| 2017 | 12,880,404 | 5,194,293 | 7,686,111 | 92.8 | 50% |
| 2018 | 7,465,106 | 4,729,605 | 2,735,501 | 112.5 | 42% |
| 2019 | 5,785,883 | 5,925,752 | −139,869 | 111.9 | 41% |
| 2020 | 3,828,525 | 4,035,512 | −206,987 | 173.9 | 40% |
| 2021 | 10,191,323 | 3,804,968 | 6,386,355 | 219.4 | 41% |
| 2022 | 8,390,135 | 3,910,740 | 4,479,395 | 200.9 | 31% |
| 2023 | 6,789,747 | 4,609,511 | 2,180,236 | 181.1 | 26% |
In its most recent public year (2023), this organization brought in $2,180,236 more than it spent. Its reserves stood at about 181.1 months of spending, up from 68.5 in 2011. Staff pay was 26% of spending. $29,562,920 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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