Carpe Diem Academy Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 2,340,511 | 2,294,990 | 45,521 | 1.3 | 64% |
| 2019 | 2,139,518 | 1,996,691 | 142,827 | 2.3 | 57% |
| 2020 | 3,119,535 | 3,222,579 | −103,044 | 1.0 | 45% |
| 2021 | 2,899,681 | 3,398,180 | −498,499 | -0.8 | 71% |
| 2022 | 3,991,890 | 4,332,826 | −340,936 | -1.6 | 43% |
| 2023 | 3,474,545 | 4,265,938 | −791,393 | -3.9 | 59% |
In its most recent public year (2023), this organization spent $791,393 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.9 months), down from 1.3 in 2018. 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
Carpe Diem Academy Corporation'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