Victory Academy Ocala Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 112,183 | 91,673 | 20,510 | 3.7 | — |
| 2016 | 153,995 | 179,796 | −25,801 | 0.2 | — |
| 2017 | 286,044 | 272,747 | 13,297 | 0.7 | 69% |
| 2018 | 330,946 | 362,329 | −31,383 | -0.5 | 71% |
| 2019 | 382,019 | 399,517 | −17,498 | -1.0 | 68% |
| 2020 | 345,319 | 314,679 | 30,640 | -0.1 | 67% |
| 2021 | 862,856 | 383,651 | 479,205 | 14.9 | 52% |
| 2022 | 518,898 | 596,731 | −77,833 | 8.0 | 58% |
In its most recent public year (2022), this organization spent $77,833 more than it brought in. Its reserves stood at about 8 months of spending, up from 3.7 in 2015. 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 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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