Laureate Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 138,453 | 81,051 | 57,402 | 8.6 | — |
| 2016 | 1,000,565 | 929,398 | 71,167 | 1.7 | 45% |
| 2017 | 1,850,009 | 1,627,382 | 222,627 | 2.6 | 50% |
| 2018 | 2,479,445 | 2,242,654 | 236,791 | 3.2 | 51% |
| 2019 | 3,063,241 | 2,802,946 | 260,295 | 3.6 | 52% |
| 2020 | 3,777,322 | 3,194,766 | 582,556 | 5.4 | 57% |
| 2021 | 5,175,189 | 3,940,179 | 1,235,010 | 8.1 | 58% |
| 2022 | 5,836,703 | 5,086,139 | 750,564 | 8.1 | 53% |
| 2023 | 6,859,909 | 5,955,246 | 904,663 | 8.7 | 50% |
In its most recent public year (2023), this organization brought in $904,663 more than it spent. Its reserves stood at about 8.7 months of spending. Staff pay was 50% 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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