Primoris Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,448,323 | 1,415,516 | 32,807 | 2.8 | 67% |
| 2021 | 1,821,057 | 1,715,708 | 105,349 | 4.3 | 62% |
| 2022 | 2,137,457 | 1,952,450 | 185,007 | 4.9 | 70% |
| 2023 | 2,379,568 | 2,319,939 | 59,629 | 4.4 | 65% |
In its most recent public year (2023), this organization brought in $59,629 more than it spent. Its reserves stood at about 4.4 months of spending, up from 2.8 in 2020. Staff pay was 65% 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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