New Covenant Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,728,558 | 1,999,454 | 729,104 | 19.0 | 52% |
| 2012 | 2,512,444 | 2,117,517 | 394,927 | 19.9 | 55% |
| 2013 | 2,670,848 | 2,327,674 | 343,174 | 19.9 | 56% |
| 2014 | 3,029,873 | 2,527,145 | 502,728 | 20.7 | 56% |
| 2015 | 4,717,016 | 2,907,696 | 1,809,320 | 25.5 | 56% |
| 2016 | 5,525,343 | 3,274,159 | 2,251,184 | 30.9 | 58% |
| 2017 | 4,668,660 | 3,382,265 | 1,286,395 | 34.5 | 61% |
| 2018 | 5,174,676 | 3,754,515 | 1,420,161 | 35.6 | 61% |
| 2019 | 5,817,885 | 4,690,229 | 1,127,656 | 31.4 | 58% |
| 2020 | 5,549,871 | 4,762,031 | 787,840 | 32.9 | 64% |
| 2021 | 6,490,404 | 4,988,161 | 1,502,243 | 35.2 | 61% |
| 2022 | 6,849,347 | 5,471,558 | 1,377,789 | 34.9 | 59% |
| 2023 | 7,090,284 | 6,561,599 | 528,685 | 30.2 | 58% |
In its most recent public year (2023), this organization brought in $528,685 more than it spent. Its reserves stood at about 30.2 months of spending, up from 19 in 2011. Staff pay was 58% 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
New Covenant Academy's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works