Falls Lake Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 5,706 | 4,996 | 710 | 1.7 | — |
| 2014 | 2,560,364 | 2,289,509 | 270,855 | 1.4 | 45% |
| 2015 | 3,352,590 | 3,385,711 | −33,121 | 0.8 | 44% |
| 2016 | 4,613,588 | 4,555,588 | 58,000 | 0.8 | 44% |
| 2017 | 5,817,167 | 5,500,540 | 316,627 | 1.3 | 50% |
| 2018 | 8,367,318 | 7,921,251 | 446,067 | 1.6 | 52% |
| 2019 | 10,094,057 | 9,238,169 | 855,888 | 2.5 | 56% |
| 2020 | 10,816,343 | 10,232,746 | 583,597 | 2.9 | 0% |
| 2021 | 10,593,661 | 9,542,424 | 1,051,237 | 4.5 | 0% |
| 2022 | 12,156,063 | 11,921,032 | 235,031 | 3.8 | 0% |
| 2023 | 12,803,354 | 11,849,255 | 954,099 | 4.8 | 0% |
In its most recent public year (2023), this organization brought in $954,099 more than it spent. Its reserves stood at about 4.8 months of spending, up from 1.7 in 2013. Staff pay was 0% 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
Falls Lake Academy Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works