Lincoln Park Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 1,844,551 | 1,822,610 | 21,941 | 0.1 | 0% |
| 2015 | 2,449,042 | 2,692,098 | −243,056 | -0.7 | 0% |
| 2016 | 2,417,647 | 2,455,728 | −38,081 | -1.0 | 0% |
| 2017 | 2,544,216 | 3,052,490 | −508,274 | -4.2 | 0% |
| 2018 | 2,193,725 | 1,898,149 | 295,576 | -7.7 | 0% |
| 2019 | 4,420,011 | 4,482,983 | −62,972 | -3.4 | 0% |
| 2020 | 4,840,922 | 5,237,529 | −396,607 | -3.9 | 0% |
| 2021 | 5,440,515 | 5,859,121 | −418,606 | -4.3 | 0% |
| 2022 | 5,919,199 | 5,773,281 | 145,918 | -4.1 | 0% |
| 2023 | 5,752,383 | 5,973,759 | −221,376 | -4.4 | 0% |
In its most recent public year (2023), this organization spent $221,376 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.4 months), down from 0.1 in 2014. Staff pay was 0% of spending. $72,837 of its net assets are donor-restricted.
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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