Reach Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 78,011 | 102,609 | −24,598 | -2.9 | — |
| 2014 | 229,737 | 211,684 | 18,053 | -0.4 | 19% |
| 2015 | 252,813 | 212,906 | 39,907 | 1.9 | 21% |
| 2016 | 262,302 | 234,990 | 27,312 | 3.1 | 19% |
| 2017 | 249,945 | 245,773 | 4,172 | 3.2 | 22% |
| 2018 | 254,063 | 249,460 | 4,603 | 3.3 | 32% |
| 2019 | 240,172 | 246,744 | −6,572 | 3.1 | 32% |
| 2020 | 345,095 | 276,127 | 68,968 | 5.7 | 30% |
| 2021 | 363,692 | 333,281 | 30,411 | 5.8 | 25% |
| 2022 | 363,050 | 310,101 | 52,949 | 8.3 | 28% |
| 2023 | 332,948 | 319,903 | 13,045 | 8.6 | 35% |
In its most recent public year (2023), this organization brought in $13,045 more than it spent. Its reserves stood at about 8.6 months of spending, up from -2.9 in 2013. Staff pay was 35% 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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