Cardinal Newman Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 44,756 | 49,546 | −4,790 | 3.9 | — |
| 2020 | 156,454 | 176,429 | −19,975 | -0.3 | — |
| 2021 | 187,205 | 200,079 | −12,874 | -1.0 | — |
| 2022 | 244,125 | 225,259 | 18,866 | 0.1 | 75% |
| 2023 | 192,961 | 239,809 | −46,848 | -2.2 | 72% |
| 2024 | 296,684 | 248,560 | 48,124 | 0.2 | 72% |
In its most recent public year (2024), this organization brought in $48,124 more than it spent. Its reserves stood at about 0.2 months of spending, down from 3.9 in 2019. Staff pay was 72% 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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