Liberty Classical Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 931,741 | 988,790 | −57,049 | 1.4 | 72% |
| 2012 | 1,073,746 | 1,054,045 | 19,701 | 1.5 | 73% |
| 2013 | 1,084,835 | 1,104,044 | −19,209 | 1.0 | 75% |
| 2014 | 1,488,905 | 1,452,443 | 36,462 | 1.0 | 57% |
| 2015 | 1,822,788 | 1,697,754 | 125,034 | 1.8 | 53% |
| 2016 | 1,872,589 | 1,896,050 | −23,461 | 1.5 | 51% |
| 2017 | 2,353,434 | 2,176,313 | 177,121 | 2.3 | 52% |
| 2018 | 2,936,777 | 2,776,036 | 160,741 | 2.5 | 53% |
| 2019 | 3,318,660 | 3,113,805 | 204,855 | 3.0 | 54% |
| 2020 | 3,163,853 | 3,217,582 | −53,729 | 2.7 | 58% |
| 2021 | 4,486,494 | 3,649,386 | 837,108 | 5.1 | 58% |
| 2022 | 9,261,732 | 4,558,989 | 4,702,743 | 16.5 | 58% |
| 2023 | 10,270,140 | 6,339,651 | 3,930,489 | 19.3 | 56% |
In its most recent public year (2023), this organization brought in $3,930,489 more than it spent. Its reserves stood at about 19.3 months of spending, up from 1.4 in 2011. Staff pay was 56% of spending. $4,236,016 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
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