Bonnie Cone Classical Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,652,243 | 2,968,874 | −316,631 | -1.3 | 35% |
| 2021 | 6,658,211 | 5,807,758 | 850,453 | 1.1 | 38% |
| 2022 | 8,882,059 | 7,951,755 | 930,304 | 2.2 | 38% |
| 2023 | 9,504,047 | 7,905,759 | 1,598,288 | 4.6 | 40% |
In its most recent public year (2023), this organization brought in $1,598,288 more than it spent. Its reserves stood at about 4.6 months of spending, up from -1.3 in 2020. Staff pay was 40% 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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