Westminster Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 20,000 | 0 | 20,000 | — | — |
| 2013 | 26,530 | 28,591 | −2,061 | 7.5 | — |
| 2015 | 105,058 | 118,106 | −13,048 | -1.3 | — |
| 2016 | 76,653 | 86,283 | −9,630 | -3.1 | — |
| 2017 | 212,961 | 214,303 | −1,342 | -1.3 | 45% |
| 2018 | 312,985 | 288,747 | 24,238 | 0.0 | 54% |
| 2019 | 347,907 | 312,687 | 35,220 | 1.4 | 55% |
| 2020 | 358,419 | 404,307 | −45,888 | -0.3 | 68% |
| 2021 | 536,402 | 496,955 | 39,447 | 0.7 | 64% |
| 2022 | 650,413 | 580,829 | 69,584 | 2.0 | 67% |
| 2023 | 592,477 | 600,783 | −8,306 | 1.8 | 58% |
| 2024 | 725,308 | 760,444 | −35,136 | 0.9 | 52% |
In its most recent public year (2024), this organization spent $35,136 more than it brought in. Its reserves stood at about 0.9 months of spending. Staff pay was 52% 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 2024. 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
Westminster Academy Inc's IRS filings as a feed — one entry per filing year, through 2024. 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