Ivy Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,278,405 | 1,279,900 | −1,495 | 6.2 | 64% |
| 2022 | 1,504,123 | 1,375,074 | 129,049 | 6.9 | 66% |
| 2023 | 1,607,013 | 1,779,939 | −172,926 | 4.1 | 64% |
In its most recent public year (2023), this organization spent $172,926 more than it brought in. Its reserves stood at about 4.1 months of spending, down from 6.2 in 2021. Staff pay was 64% 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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