Impact Christian Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 0 | 772 | −772 | -12.0 | — |
| 2016 | 854,063 | 1,380,378 | −526,315 | -6.2 | 61% |
| 2017 | 1,402,654 | 1,842,490 | −439,836 | -7.5 | 63% |
| 2018 | 1,448,803 | 1,890,391 | −441,588 | -10.1 | 64% |
| 2019 | 1,275,545 | 1,906,219 | −630,674 | -14.2 | 70% |
| 2020 | 1,876,326 | 1,993,605 | −117,279 | -14.2 | 68% |
| 2021 | 1,551,186 | 1,717,641 | −166,455 | -17.7 | 66% |
| 2022 | 2,258,813 | 2,233,540 | 25,273 | -12.0 | 62% |
| 2023 | 2,535,935 | 3,081,870 | −545,935 | -10.8 | 58% |
In its most recent public year (2023), this organization spent $545,935 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-10.8 months), up from -12 in 2014. Staff pay was 58% 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
Impact Christian Academy Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works