Beacon Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 500,191 | 291,238 | 208,953 | 9.1 | 49% |
| 2020 | 718,284 | 420,126 | 298,158 | 18.1 | 65% |
| 2021 | 566,525 | 385,849 | 180,676 | 25.3 | 62% |
| 2022 | 579,147 | 419,397 | 159,750 | 27.8 | 62% |
| 2023 | 648,292 | 517,278 | 131,014 | 25.6 | 57% |
In its most recent public year (2023), this organization brought in $131,014 more than it spent. Its reserves stood at about 25.6 months of spending, up from 9.1 in 2018. Staff pay was 57% 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
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