Walden Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,931,806 | 1,846,201 | 85,605 | 8.1 | 52% |
| 2021 | 2,390,645 | 2,041,770 | 348,875 | 9.4 | 54% |
| 2022 | 2,466,959 | 2,281,262 | 185,697 | 9.4 | 56% |
| 2023 | 3,374,343 | 2,637,489 | 736,854 | 11.4 | 56% |
In its most recent public year (2023), this organization brought in $736,854 more than it spent. Its reserves stood at about 11.4 months of spending, up from 8.1 in 2020. Staff pay was 56% of spending. $464,239 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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