Believers Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,326,933 | 1,281,399 | 45,534 | 4.4 | 59% |
| 2012 | 1,355,262 | 1,358,703 | −3,441 | 4.1 | 56% |
| 2013 | 1,397,172 | 1,501,345 | −104,173 | 2.9 | 54% |
| 2014 | 1,623,817 | 1,542,384 | 81,433 | 3.5 | 58% |
| 2015 | 1,680,549 | 1,605,213 | 75,336 | 3.9 | 55% |
| 2016 | 1,571,275 | 1,615,264 | −43,989 | 3.5 | 58% |
| 2017 | 1,592,420 | 1,526,380 | 66,040 | 4.3 | 59% |
| 2018 | 1,605,885 | 1,607,093 | −1,208 | 4.0 | 58% |
| 2019 | 1,713,194 | 1,722,572 | −9,378 | 3.7 | 61% |
| 2020 | 1,784,223 | 1,682,179 | 102,044 | 4.5 | 60% |
| 2021 | 2,105,906 | 1,525,620 | 580,286 | 9.5 | 53% |
| 2022 | 1,656,325 | 1,889,108 | −232,783 | 6.2 | 50% |
| 2023 | 1,877,382 | 1,804,766 | 72,616 | 7.0 | 54% |
In its most recent public year (2023), this organization brought in $72,616 more than it spent. Its reserves stood at about 7 months of spending, up from 4.4 in 2011. Staff pay was 54% of spending. $26,073 of its net assets are donor-restricted.
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
Believers Academy Inc'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