Headwaters Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 588,967 | 459,155 | 129,812 | 4.4 | 55% |
| 2013 | 468,493 | 497,892 | −29,399 | 3.4 | 55% |
| 2014 | 447,835 | 496,505 | −48,670 | 2.2 | 52% |
| 2015 | 519,736 | 537,983 | −18,247 | 1.7 | 54% |
| 2016 | 620,729 | 554,283 | 66,446 | 3.0 | 56% |
| 2017 | 645,079 | 684,849 | −39,770 | 1.8 | 54% |
| 2018 | 614,163 | 636,412 | −22,249 | 1.5 | 55% |
| 2019 | 4,469,421 | 691,851 | 3,777,570 | 68.5 | 53% |
| 2020 | 1,873,432 | 1,017,532 | 855,900 | 54.5 | 46% |
| 2021 | 6,302,639 | 1,129,391 | 5,173,248 | 105.1 | 47% |
| 2022 | 3,568,450 | 2,039,313 | 1,529,137 | 67.2 | 38% |
| 2023 | 1,748,130 | 2,016,237 | −268,107 | 66.5 | 51% |
| 2024 | 1,901,141 | 2,084,630 | −183,489 | 64.3 | 50% |
In its most recent public year (2024), this organization spent $183,489 more than it brought in. Its reserves stood at about 64.3 months of spending, up from 4.4 in 2012. Staff pay was 50% of spending. $104,000 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
Headwaters 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