College Park Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,707,548 | 7,128,927 | 578,621 | 4.8 | 45% |
| 2021 | 7,973,757 | 7,567,877 | 405,880 | 5.2 | 45% |
| 2022 | 9,053,364 | 8,018,194 | 1,035,170 | 6.4 | 50% |
| 2023 | 10,496,146 | 9,064,360 | 1,431,786 | 7.6 | 52% |
| 2024 | 10,307,493 | 9,367,508 | 939,985 | 8.6 | 53% |
In its most recent public year (2024), this organization brought in $939,985 more than it spent. Its reserves stood at about 8.6 months of spending, up from 4.8 in 2020. Staff pay was 53% of spending. $3,604 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 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
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