Academy For Christian Thought
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 94,859 | 276,457 | −181,598 | -37.7 | 52% |
| 2021 | 78,924 | 249,122 | −170,198 | -50.1 | 58% |
| 2022 | 88,340 | 253,800 | −165,460 | -57.0 | 57% |
| 2023 | 33,231 | 271,143 | −237,912 | -63.9 | 53% |
In its most recent public year (2023), this organization spent $237,912 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-63.9 months), down from -37.7 in 2020. Staff pay was 53% 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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