Children Of Light Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 285,945 | 219,495 | 66,450 | 3.6 | 29% |
| 2016 | 414,805 | 217,271 | 197,534 | 14.6 | 23% |
| 2017 | 760,280 | 638,541 | 121,739 | 2.4 | 36% |
| 2018 | 833,220 | 746,734 | 86,486 | 3.4 | 35% |
| 2019 | 997,492 | 916,592 | 80,900 | 3.1 | 40% |
| 2020 | 980,579 | 812,492 | 168,087 | 7.6 | 54% |
| 2021 | 1,049,017 | 938,901 | 110,116 | 8.0 | 0% |
| 2022 | 963,222 | 1,167,939 | −204,717 | 4.3 | 42% |
| 2023 | 902,572 | 931,936 | −29,364 | 4.8 | 59% |
In its most recent public year (2023), this organization spent $29,364 more than it brought in. Its reserves stood at about 4.8 months of spending, up from 3.6 in 2015. Staff pay was 59% 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
Children Of Light 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