Sunshine Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 689,461 | 751,921 | −62,460 | -1.0 | 69% |
| 2020 | 1,418,185 | 1,218,860 | 199,325 | -0.5 | 71% |
| 2021 | 2,395,898 | 2,224,503 | 171,395 | 0.0 | 53% |
| 2022 | 863,772 | 848,830 | 14,942 | 2.8 | 70% |
In its most recent public year (2022), this organization brought in $14,942 more than it spent. Its reserves stood at about 2.8 months of spending, up from -1 in 2019. Staff pay was 70% 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 2022. 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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