Victory Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 449,599 | 367,133 | 82,466 | 5.8 | 60% |
| 2012 | 637,432 | 610,157 | 27,275 | 4.0 | 65% |
| 2013 | 1,293,769 | 969,879 | 323,890 | 6.0 | 63% |
| 2014 | 2,080,772 | 1,234,888 | 845,884 | 12.9 | 62% |
| 2015 | 3,113,923 | 1,493,804 | 1,620,119 | 22.7 | 70% |
| 2016 | 3,212,385 | 2,532,222 | 680,163 | 16.7 | 65% |
| 2017 | 3,008,221 | 3,074,938 | −66,717 | 13.5 | 71% |
| 2018 | 2,953,136 | 3,004,018 | −50,882 | 13.6 | 70% |
| 2019 | 3,288,822 | 3,155,465 | 133,357 | 13.5 | 69% |
| 2020 | 3,600,873 | 3,229,546 | 371,327 | 14.6 | 70% |
| 2021 | 3,778,333 | 3,233,099 | 545,234 | 16.6 | 65% |
| 2022 | 3,642,634 | 3,567,991 | 74,643 | 15.3 | 69% |
| 2023 | 3,707,221 | 3,826,609 | −119,388 | 13.9 | 70% |
In its most recent public year (2023), this organization spent $119,388 more than it brought in. Its reserves stood at about 13.9 months of spending, up from 5.8 in 2011. Staff pay was 70% of spending. $376,548 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
Victory Academy's IRS filings as a feed — one entry per filing year, through 2023. 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