Victory Christian Acadamy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,979,022 | 1,953,330 | 25,692 | 1.6 | 53% |
| 2020 | 2,586,625 | 2,173,165 | 413,460 | 3.8 | 54% |
| 2021 | 2,573,485 | 2,387,501 | 185,984 | 4.4 | 51% |
| 2022 | 2,655,808 | 2,974,888 | −319,080 | 3.7 | 45% |
| 2023 | 3,045,282 | 3,541,557 | −496,275 | 1.4 | 47% |
In its most recent public year (2023), this organization spent $496,275 more than it brought in. Its reserves stood at about 1.4 months of spending. Staff pay was 47% 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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