Fayetteville Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,577,817 | 5,720,012 | −142,195 | 8.4 | 60% |
| 2021 | 5,986,071 | 5,991,700 | −5,629 | 8.3 | 59% |
| 2022 | 6,525,555 | 6,031,294 | 494,261 | 8.8 | 61% |
| 2023 | 6,652,904 | 6,239,539 | 413,365 | 9.4 | 61% |
In its most recent public year (2023), this organization brought in $413,365 more than it spent. Its reserves stood at about 9.4 months of spending. Staff pay was 61% of spending. $1,039,363 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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