Great Academy Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 441,795 | 198,157 | 243,638 | -30.8 | 0% |
| 2021 | 298,296 | 198,611 | 99,685 | -24.8 | 0% |
| 2022 | 296,632 | 181,090 | 115,542 | -19.5 | 0% |
| 2023 | 292,195 | 161,839 | 130,356 | -13.1 | 0% |
In its most recent public year (2023), this organization brought in $130,356 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-13.1 months), up from -30.8 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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