Old Town Academy Parent Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 158,910 | 171,703 | −12,793 | 8.0 | — |
| 2017 | 211,462 | 123,460 | 88,002 | 23.6 | 0% |
| 2018 | 153,945 | 241,068 | −87,123 | 7.7 | 0% |
| 2019 | 165,305 | 122,892 | 42,413 | 19.3 | 0% |
| 2020 | 72,690 | 139,162 | −66,472 | 11.5 | 0% |
| 2021 | 98,888 | 122,497 | −23,609 | 10.7 | 0% |
| 2022 | 179,885 | 107,635 | 72,250 | 20.3 | 0% |
| 2023 | 543,839 | 486,614 | 57,225 | 5.9 | 0% |
In its most recent public year (2023), this organization brought in $57,225 more than it spent. Its reserves stood at about 5.9 months of spending, down from 8 in 2016. Staff pay was 0% 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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