Scholar Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,247,257 | 5,048,175 | 199,082 | 3.1 | 0% |
| 2021 | 5,957,332 | 5,422,088 | 535,244 | 3.8 | 0% |
| 2022 | 6,269,689 | 5,536,543 | 733,146 | 5.3 | 0% |
| 2023 | 6,732,680 | 5,770,430 | 962,250 | 7.1 | 0% |
In its most recent public year (2023), this organization brought in $962,250 more than it spent. Its reserves stood at about 7.1 months of spending, up from 3.1 in 2020. Staff pay was 0% of spending. $1,381,575 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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