Kerr-Vance Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,614,173 | 3,790,621 | −176,448 | -1.3 | 64% |
| 2013 | 3,516,356 | 3,440,106 | 76,250 | -1.2 | 65% |
| 2014 | 2,914,132 | 3,166,631 | −252,499 | -2.3 | 66% |
| 2015 | 3,043,793 | 2,533,341 | 510,452 | -0.4 | 63% |
| 2016 | 2,627,428 | 2,503,779 | 123,649 | 0.2 | 62% |
| 2017 | 2,328,219 | 2,378,672 | −50,453 | -0.1 | 61% |
| 2018 | 2,179,425 | 2,248,781 | −69,356 | -0.4 | 62% |
| 2019 | 2,257,073 | 2,132,193 | 124,880 | 0.7 | 61% |
| 2020 | 2,441,839 | 1,929,998 | 511,841 | 3.9 | 62% |
| 2021 | 1,584,516 | 1,746,625 | −162,109 | 3.2 | 61% |
| 2022 | 2,267,457 | 1,511,712 | 755,745 | 9.7 | 64% |
In its most recent public year (2022), this organization brought in $755,745 more than it spent. Its reserves stood at about 9.7 months of spending, up from -1.3 in 2012. Staff pay was 64% of spending. $43,757 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 2022. 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
Kerr-Vance Academy's IRS filings as a feed — one entry per filing year, through 2022. 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