Gate City Charter Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 3,966,349 | 3,953,908 | 12,441 | 0.0 | 46% |
| 2018 | 5,482,330 | 5,474,890 | 7,440 | 0.0 | 40% |
| 2019 | 6,463,681 | 6,464,225 | −544 | 0.0 | 36% |
| 2020 | 6,601,806 | 6,587,252 | 14,554 | 0.1 | 36% |
| 2021 | 7,517,008 | 7,521,977 | −4,969 | 0.0 | 34% |
| 2022 | 7,888,827 | 7,806,524 | 82,303 | 0.2 | 37% |
| 2023 | 8,406,312 | 8,391,680 | 14,632 | 0.2 | 36% |
In its most recent public year (2023), this organization brought in $14,632 more than it spent. Its reserves stood at about 0.2 months of spending. Staff pay was 36% of spending. $90,559 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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