Whitney Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 12,313,684 | 12,595,369 | −281,685 | 3.1 | 5% |
| 2021 | 16,096,269 | 13,517,859 | 2,578,410 | 5.1 | 3% |
| 2022 | 14,053,846 | 13,356,006 | 697,840 | 5.8 | 3% |
| 2023 | 14,752,794 | 14,921,158 | −168,364 | 5.1 | 3% |
In its most recent public year (2023), this organization spent $168,364 more than it brought in. Its reserves stood at about 5.1 months of spending, up from 3.1 in 2020. Staff pay was 3% 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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