Durham Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 23,561,910 | 21,601,904 | 1,960,006 | 18.8 | 53% |
| 2012 | 25,144,339 | 22,043,438 | 3,100,901 | 19.9 | 53% |
| 2013 | 26,152,016 | 23,194,886 | 2,957,130 | 20.4 | 53% |
| 2014 | 25,525,615 | 24,082,052 | 1,443,563 | 21.0 | 53% |
| 2015 | 27,632,762 | 25,188,487 | 2,444,275 | 21.1 | 54% |
| 2016 | 27,640,363 | 26,135,714 | 1,504,649 | 20.6 | 54% |
| 2017 | 28,857,819 | 27,723,705 | 1,134,114 | 20.8 | 54% |
| 2018 | 31,294,235 | 28,855,439 | 2,438,796 | 21.5 | 54% |
| 2019 | 44,370,418 | 33,132,390 | 11,238,028 | 23.0 | 49% |
| 2020 | 40,988,870 | 33,983,779 | 7,005,091 | 24.9 | 49% |
| 2021 | 38,768,231 | 34,739,105 | 4,029,126 | 27.9 | 50% |
| 2022 | 40,893,092 | 36,185,687 | 4,707,405 | 26.9 | 49% |
| 2023 | 42,593,002 | 39,825,185 | 2,767,817 | 25.8 | 48% |
In its most recent public year (2023), this organization brought in $2,767,817 more than it spent. Its reserves stood at about 25.8 months of spending, up from 18.8 in 2011. Staff pay was 48% of spending. $17,097,777 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
Durham Academy Inc'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