Precious Hearts Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 2,470 | 2,261 | 209 | 1.1 | — |
| 2015 | 121,153 | 149,904 | −28,751 | -2.3 | — |
| 2016 | 156,577 | 153,430 | 3,147 | -2.0 | — |
| 2017 | 466,450 | 437,276 | 29,174 | 0.1 | 71% |
| 2018 | 842,251 | 661,320 | 180,931 | 1.5 | 76% |
| 2019 | 1,453,470 | 1,013,683 | 439,787 | 6.2 | 75% |
| 2020 | 1,382,350 | 1,076,768 | 305,582 | 9.3 | 73% |
| 2021 | 1,557,126 | 1,068,129 | 488,997 | 14.8 | 75% |
| 2022 | 1,629,434 | 1,526,063 | 103,371 | 11.2 | 78% |
| 2023 | 2,113,777 | 1,981,371 | 132,406 | 9.4 | 78% |
| 2024 | 2,839,244 | 2,295,141 | 544,103 | 11.0 | 79% |
In its most recent public year (2024), this organization brought in $544,103 more than it spent. Its reserves stood at about 11 months of spending, up from 1.1 in 2014. Staff pay was 79% 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 2024. 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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