Academy For Classical Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 6,023,662 | 5,951,905 | 71,757 | 0.1 | 43% |
| 2016 | 8,262,139 | 9,065,951 | −803,812 | -0.6 | 40% |
| 2017 | 10,867,148 | 13,786,781 | −2,919,633 | -3.0 | 33% |
| 2018 | 12,602,292 | 14,736,893 | −2,134,601 | -9.5 | 38% |
| 2019 | 14,869,425 | 17,314,961 | −2,445,536 | -9.8 | 38% |
| 2020 | 20,066,512 | 19,696,694 | 369,818 | -8.4 | 38% |
| 2021 | 22,703,116 | 21,126,370 | 1,576,746 | -6.9 | 42% |
| 2022 | 23,527,627 | 20,732,149 | 2,795,478 | -5.4 | 46% |
| 2023 | 23,994,385 | 23,918,611 | 75,774 | -4.7 | 41% |
In its most recent public year (2023), this organization brought in $75,774 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-4.7 months), down from 0.1 in 2015. Staff pay was 41% 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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