Randolph Macon Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 13,052,882 | 11,843,736 | 1,209,146 | 27.8 | 46% |
| 2013 | 13,420,905 | 12,120,991 | 1,299,914 | 28.1 | 46% |
| 2014 | 13,138,738 | 12,412,460 | 726,278 | 27.9 | 45% |
| 2015 | 13,961,027 | 12,380,005 | 1,581,022 | 28.9 | 46% |
| 2016 | 16,036,559 | 13,586,718 | 2,449,841 | 28.5 | 41% |
| 2017 | 15,113,388 | 15,011,249 | 102,139 | 26.2 | 39% |
| 2018 | 13,770,317 | 15,687,675 | −1,917,358 | 23.6 | 40% |
| 2019 | 13,657,706 | 14,770,907 | −1,113,201 | 24.3 | 40% |
| 2020 | 15,251,714 | 13,224,237 | 2,027,477 | 29.4 | 40% |
| 2021 | 13,915,401 | 14,184,418 | −269,017 | 28.6 | 36% |
| 2022 | 14,186,434 | 15,410,890 | −1,224,456 | 23.5 | 36% |
| 2023 | 20,602,757 | 18,727,627 | 1,875,130 | 21.4 | 36% |
In its most recent public year (2023), this organization brought in $1,875,130 more than it spent. Its reserves stood at about 21.4 months of spending, down from 27.8 in 2012. Staff pay was 36% of spending. $14,510,784 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
Randolph Macon Academy'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