Naval Academy Primary School Association Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,735,624 | 1,703,824 | 31,800 | 2.6 | 75% |
| 2013 | 1,788,094 | 1,739,837 | 48,257 | 2.9 | 73% |
| 2014 | 1,922,196 | 1,903,757 | 18,439 | 2.8 | 72% |
| 2015 | 1,957,525 | 2,126,893 | −169,368 | 1.5 | 72% |
| 2016 | 2,049,893 | 2,074,915 | −25,022 | 1.4 | 74% |
| 2017 | 2,104,327 | 2,221,253 | −116,926 | 0.7 | 72% |
| 2018 | 2,242,756 | 2,138,142 | 104,614 | 1.3 | 76% |
| 2019 | 2,398,576 | 2,200,219 | 198,357 | 2.3 | 73% |
| 2020 | 2,431,610 | 2,403,394 | 28,216 | 2.3 | 75% |
| 2021 | 2,259,788 | 2,661,285 | −401,497 | 0.3 | 76% |
| 2022 | 3,553,624 | 2,815,139 | 738,485 | 3.4 | 76% |
| 2023 | 3,032,425 | 3,355,319 | −322,894 | 1.7 | 74% |
| 2024 | 3,768,149 | 3,496,637 | 271,512 | 2.6 | 76% |
In its most recent public year (2024), this organization brought in $271,512 more than it spent. Its reserves stood at about 2.6 months of spending. Staff pay was 76% 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 2024. 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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