True Knight Home School Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 174,870 | 180,966 | −6,096 | -0.5 | — |
| 2016 | 175,390 | 167,586 | 7,804 | 0.0 | — |
| 2017 | 0 | 85 | −85 | 0.0 | — |
| 2018 | 302,626 | 284,980 | 17,646 | 1.0 | 70% |
| 2019 | 289,012 | 273,759 | 15,253 | 0.6 | 68% |
| 2020 | 269,168 | 266,135 | 3,033 | 0.0 | 62% |
| 2021 | 238,616 | 231,912 | 6,704 | 0.0 | 49% |
| 2022 | 328,469 | 320,947 | 7,522 | -0.2 | 54% |
| 2023 | 514,315 | 462,481 | 51,834 | 0.9 | 59% |
In its most recent public year (2023), this organization brought in $51,834 more than it spent. Its reserves stood at about 0.9 months of spending, up from -0.5 in 2015. Staff pay was 59% 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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