Discovery Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,185,968 | 5,353,356 | −167,388 | -3.5 | 0% |
| 2021 | 5,232,624 | 5,261,528 | −28,904 | -3.7 | 0% |
| 2022 | 6,049,434 | 5,173,873 | 875,561 | -1.7 | 0% |
| 2023 | 6,914,492 | 6,021,435 | 893,057 | 0.3 | 0% |
In its most recent public year (2023), this organization brought in $893,057 more than it spent. Its reserves stood at about 0.3 months of spending, up from -3.5 in 2020. 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
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