Laurens Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,166,556 | 1,113,093 | 53,463 | 10.1 | 60% |
| 2012 | 1,205,427 | 1,218,061 | −12,634 | 9.1 | 53% |
| 2013 | 1,456,748 | 1,356,726 | 100,022 | 9.0 | 50% |
| 2014 | 1,317,202 | 1,374,600 | −57,398 | 8.4 | 48% |
| 2015 | 1,244,026 | 1,301,503 | −57,477 | 8.4 | 51% |
| 2016 | 1,182,500 | 1,271,281 | −88,781 | 7.7 | 46% |
| 2017 | 1,253,837 | 1,264,202 | −10,365 | 7.4 | 51% |
| 2018 | 1,357,891 | 1,346,713 | 11,178 | 7.2 | 45% |
| 2019 | 1,369,539 | 1,324,017 | 45,522 | 7.7 | 45% |
| 2020 | 1,354,570 | 1,346,521 | 8,049 | 7.7 | 46% |
| 2021 | 1,322,618 | 1,310,068 | 12,550 | 8.0 | 50% |
| 2022 | 2,003,707 | 1,269,296 | 734,411 | 15.2 | 47% |
| 2023 | 1,832,798 | 2,047,385 | −214,587 | 8.2 | 30% |
| 2024 | 2,557,367 | 1,948,042 | 609,325 | 13.0 | 37% |
In its most recent public year (2024), this organization brought in $609,325 more than it spent. Its reserves stood at about 13 months of spending, up from 10.1 in 2011. Staff pay was 37% 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 2024. 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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