Algoma Christian School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,306,214 | 1,382,661 | −76,447 | 6.3 | 56% |
| 2013 | 1,349,873 | 1,472,212 | −122,339 | 4.9 | 57% |
| 2014 | 1,369,396 | 1,505,092 | −135,696 | 3.8 | 58% |
| 2015 | 1,483,448 | 1,546,924 | −63,476 | 3.2 | 61% |
| 2016 | 1,622,008 | 1,575,888 | 46,120 | 3.4 | 62% |
| 2017 | 1,668,144 | 1,638,099 | 30,045 | 3.5 | 63% |
| 2018 | 1,718,518 | 1,794,042 | −75,524 | 2.7 | 61% |
| 2019 | 1,671,984 | 1,731,485 | −59,501 | 2.4 | 65% |
| 2020 | 1,635,325 | 1,701,792 | −66,467 | 2.0 | 66% |
| 2021 | 2,415,335 | 1,947,102 | 468,233 | 4.6 | 65% |
| 2022 | 3,665,246 | 2,659,314 | 1,005,932 | 7.9 | 65% |
| 2023 | 4,338,958 | 3,066,785 | 1,272,173 | 11.8 | 64% |
In its most recent public year (2023), this organization brought in $1,272,173 more than it spent. Its reserves stood at about 11.8 months of spending, up from 6.3 in 2012. Staff pay was 64% of spending. $338,387 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
Algoma Christian School'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