Academy Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 106,761 | 341,931 | −235,170 | 25.1 | 0% |
| 2021 | 97,833 | 167,249 | −69,416 | 46.4 | 0% |
| 2022 | 89,137 | 143,177 | −54,040 | 49.6 | 0% |
| 2023 | 51,229 | 91,891 | −40,662 | 72.0 | 0% |
In its most recent public year (2023), this organization spent $40,662 more than it brought in. Its reserves stood at about 72 months of spending, up from 25.1 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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