everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Sussex Academy Of Arts & Sciences Inc

Georgetown, DE / EIN 51-0394512 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2012237,376214,35223,02496.50%
2013219,176223,924−4,7480.00%
20144,257,1314,106,489150,6424.652%
20155,593,4165,076,303517,1133.152%
20166,495,7216,382,884112,8372.750%
20177,399,4197,264,176135,2432.648%
20188,364,4008,976,271−611,871-15.945%
20199,163,48010,059,743−896,263-15.346%
20209,943,10011,099,385−1,156,285-15.146%
202113,402,93715,213,221−1,810,284-12.544%
202213,826,67215,900,212−2,073,540-14.948%
202314,858,93317,293,494−2,434,561-15.446%

In its most recent public year (2023), this organization spent $2,434,561 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-15.4 months), down from 96.5 in 2012. Staff pay was 46% 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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