Asheville Christian Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,361,822 | 9,650,006 | −288,184 | 18.7 | 43% |
| 2021 | 11,567,824 | 9,946,507 | 1,621,317 | 20.2 | 44% |
| 2022 | 10,533,204 | 11,033,085 | −499,881 | 17.6 | 43% |
| 2023 | 14,573,444 | 12,382,287 | 2,191,157 | 17.8 | 41% |
In its most recent public year (2023), this organization brought in $2,191,157 more than it spent. Its reserves stood at about 17.8 months of spending. Staff pay was 41% of spending. $621,996 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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