The Academy At True Sanctuary Of Praise Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 85,056 | 113,822 | −28,766 | -3.0 | — |
| 2016 | 207,627 | 196,594 | 11,033 | -1.1 | 88% |
| 2017 | 288,450 | 300,886 | −12,436 | -1.2 | 56% |
| 2018 | 175,065 | 172,585 | 2,480 | -1.9 | 49% |
| 2019 | 433,273 | 372,294 | 60,979 | 1.1 | 52% |
| 2020 | 485,043 | 469,111 | 15,932 | 1.3 | 56% |
| 2021 | 615,090 | 498,506 | 116,584 | 4.0 | 60% |
In its most recent public year (2021), this organization brought in $116,584 more than it spent. Its reserves stood at about 4 months of spending, up from -3 in 2015. Staff pay was 60% 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 2021. 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
The Academy At True Sanctuary Of Praise Inc's IRS filings as a feed — one entry per filing year, through 2021. 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