Achievement Charter Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,654,604 | 1,471,986 | 182,618 | 1.5 | 51% |
| 2022 | 1,982,738 | 1,985,955 | −3,217 | 1.1 | 55% |
| 2023 | 1,850,366 | 1,995,086 | −144,720 | -0.0 | 60% |
In its most recent public year (2023), this organization spent $144,720 more than it brought in. Its reserves stood at about 0 months of spending, down from 1.5 in 2021. Staff pay was 60% 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
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