Lynchburg Academy Of Medicine Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 102,809 | 95,997 | 6,812 | 14.9 | — |
| 2013 | 85,063 | 88,624 | −3,561 | 15.6 | — |
| 2014 | 73,366 | 76,379 | −3,013 | 17.6 | — |
| 2015 | 103,142 | 67,685 | 35,457 | 26.0 | — |
| 2016 | 66,441 | 69,457 | −3,016 | 24.8 | — |
| 2017 | 84,682 | 82,492 | 2,190 | 21.2 | — |
| 2018 | 87,821 | 81,378 | 6,443 | 22.4 | — |
| 2019 | 86,929 | 87,265 | −336 | 20.9 | — |
| 2020 | 85,038 | 87,891 | −2,853 | 20.3 | — |
| 2021 | 78,295 | 77,450 | 845 | 23.2 | — |
| 2022 | 108,125 | 81,735 | 26,390 | 25.9 | — |
| 2023 | 82,031 | 78,763 | 3,268 | 27.4 | — |
| 2024 | 59,453 | 74,528 | −15,075 | 26.5 | — |
In its most recent public year (2024), this organization spent $15,075 more than it brought in. Its reserves stood at about 26.5 months of spending, up from 14.9 in 2012.
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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