Angelus Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 994,013 | 1,051,698 | −57,685 | 5.4 | 44% |
| 2021 | 1,261,476 | 1,183,240 | 78,236 | 6.3 | 55% |
| 2022 | 1,474,069 | 1,312,700 | 161,369 | 7.2 | 56% |
| 2023 | 1,561,055 | 1,501,919 | 59,136 | 6.7 | 56% |
| 2024 | 1,523,138 | 1,650,958 | −127,820 | 5.2 | 57% |
In its most recent public year (2024), this organization spent $127,820 more than it brought in. Its reserves stood at about 5.2 months of spending. Staff pay was 57% 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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