Prestigious Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 553,461 | 543,207 | 10,254 | 0.6 | 48% |
| 2012 | 608,631 | 609,385 | −754 | 0.5 | 44% |
| 2013 | 657,820 | 643,905 | 13,915 | 0.8 | 38% |
| 2014 | 693,920 | 642,245 | 51,675 | 1.7 | 40% |
| 2015 | 688,569 | 696,615 | −8,046 | 1.5 | 28% |
| 2016 | 714,715 | 705,569 | 9,146 | 1.6 | 32% |
| 2017 | 663,834 | 668,765 | −4,931 | 1.6 | 49% |
| 2018 | 819,369 | 825,653 | −6,284 | 1.2 | 55% |
| 2019 | 657,781 | 565,352 | 92,429 | 3.6 | 47% |
| 2020 | 738,038 | 768,699 | −30,661 | 3.1 | 38% |
| 2021 | 794,665 | 562,038 | 232,627 | 8.4 | 53% |
| 2022 | 805,982 | 646,613 | 159,369 | -12.2 | 52% |
In its most recent public year (2022), this organization brought in $159,369 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-12.2 months), down from 0.6 in 2011. Staff pay was 52% 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 2022. 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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