Wheaton Academy Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 1,892,374 | 2,004,211 | −111,837 | -0.7 | 32% |
| 2017 | 1,525,627 | 1,558,637 | −33,010 | -1.1 | 40% |
| 2018 | 1,160,881 | 1,146,492 | 14,389 | -1.4 | 19% |
| 2019 | 1,026,991 | 972,815 | 54,176 | -0.9 | 29% |
| 2020 | 295,481 | 391,261 | −95,780 | -5.3 | 59% |
| 2021 | 535,929 | 300,411 | 235,518 | 2.5 | 60% |
| 2022 | 377,282 | 375,610 | 1,672 | 2.1 | 51% |
| 2023 | 367,411 | 436,674 | −69,263 | -0.1 | 55% |
In its most recent public year (2023), this organization spent $69,263 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.1 months). Staff pay was 55% 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
Wheaton Academy Institute'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