Remnant Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 675,315 | 678,332 | −3,017 | 0.5 | 62% |
| 2018 | 671,111 | 657,043 | 14,068 | 0.8 | 64% |
| 2019 | 640,843 | 626,511 | 14,332 | 0.9 | 67% |
| 2020 | 853,513 | 700,717 | 152,796 | 3.5 | 66% |
| 2021 | 884,820 | 735,565 | 149,255 | 5.7 | 63% |
| 2022 | 1,107,896 | 926,931 | 180,965 | 6.9 | 55% |
| 2023 | 958,758 | 778,372 | 180,386 | 11.0 | 66% |
In its most recent public year (2023), this organization brought in $180,386 more than it spent. Its reserves stood at about 11 months of spending, up from 0.5 in 2017. Staff pay was 66% 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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