Lighthouse Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 134,731 | 133,720 | 1,011 | 1.0 | 73% |
| 2021 | 228,743 | 194,912 | 33,831 | 5.0 | 74% |
| 2022 | 374,412 | 257,385 | 117,027 | 9.2 | 75% |
| 2023 | 402,633 | 426,302 | −23,669 | 6.0 | 65% |
In its most recent public year (2023), this organization spent $23,669 more than it brought in. Its reserves stood at about 6 months of spending, up from 1 in 2020. Staff pay was 65% 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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