Dorchester Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,753,229 | 1,553,488 | 199,741 | 7.6 | 59% |
| 2021 | 1,950,474 | 1,582,453 | 368,021 | 10.2 | 57% |
| 2022 | 2,321,316 | 1,941,987 | 379,329 | 10.7 | 54% |
| 2023 | 2,384,332 | 2,363,727 | 20,605 | 8.9 | 52% |
In its most recent public year (2023), this organization brought in $20,605 more than it spent. Its reserves stood at about 8.9 months of spending, up from 7.6 in 2020. Staff pay was 52% 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 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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