Laurel Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 591,217 | 311,142 | 280,075 | 10.9 | 61% |
| 2014 | 1,660,655 | 596,279 | 1,064,376 | 27.1 | 42% |
| 2015 | 1,176,116 | 860,351 | 315,765 | 23.2 | 53% |
| 2016 | 874,072 | 1,000,873 | −126,801 | 18.4 | 54% |
| 2017 | 926,870 | 1,049,724 | −122,854 | 16.2 | 50% |
| 2018 | 3,580,103 | 1,125,172 | 2,454,931 | 41.3 | 52% |
| 2019 | 1,192,758 | 1,164,533 | 28,225 | 40.5 | 58% |
| 2020 | 1,205,534 | 1,191,293 | 14,241 | 39.7 | 61% |
| 2021 | 1,943,932 | 1,658,538 | 285,394 | 30.6 | 53% |
| 2022 | 1,695,009 | 1,763,157 | −68,148 | 28.3 | 56% |
| 2023 | 1,923,420 | 1,931,015 | −7,595 | 25.8 | 58% |
In its most recent public year (2023), this organization spent $7,595 more than it brought in. Its reserves stood at about 25.8 months of spending, up from 10.9 in 2013. Staff pay was 58% of spending.
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
Laurel 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