Nansemond-Suffolk Academy Association Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,610,953 | 10,764,946 | −153,993 | 7.5 | 60% |
| 2012 | 11,609,293 | 11,870,691 | −261,398 | 6.3 | 52% |
| 2013 | 11,515,217 | 11,693,571 | −178,354 | 6.6 | 52% |
| 2014 | 15,342,013 | 11,915,031 | 3,426,982 | 10.2 | 52% |
| 2015 | 13,043,594 | 11,979,002 | 1,064,592 | 11.0 | 55% |
| 2016 | 13,290,316 | 12,252,061 | 1,038,255 | 11.6 | 52% |
| 2017 | 13,806,329 | 14,466,300 | −659,971 | 9.6 | 48% |
| 2018 | 14,704,559 | 15,131,110 | −426,551 | 8.9 | 50% |
| 2019 | 15,380,039 | 15,667,155 | −287,116 | 8.3 | 47% |
| 2020 | 16,070,539 | 16,129,438 | −58,899 | 7.8 | 49% |
| 2021 | 16,951,472 | 15,252,404 | 1,699,068 | 10.0 | 48% |
| 2022 | 17,664,822 | 16,960,538 | 704,284 | 8.9 | 46% |
| 2023 | 18,442,964 | 18,913,922 | −470,958 | 7.8 | 48% |
In its most recent public year (2023), this organization spent $470,958 more than it brought in. Its reserves stood at about 7.8 months of spending. Staff pay was 48% of spending. $1,494,887 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
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