Pace Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 27,535,992 | 24,072,731 | 3,463,261 | 38.8 | 49% |
| 2012 | 43,274,431 | 25,246,210 | 18,028,221 | 43.5 | 49% |
| 2013 | 39,443,487 | 27,183,034 | 12,260,453 | 46.0 | 49% |
| 2014 | 34,413,461 | 27,421,341 | 6,992,120 | 50.5 | 49% |
| 2015 | 35,087,335 | 30,110,910 | 4,976,425 | 47.8 | 47% |
| 2016 | 33,634,402 | 31,362,846 | 2,271,556 | 46.1 | 47% |
| 2017 | 36,116,088 | 32,812,278 | 3,303,810 | 44.8 | 47% |
| 2018 | 37,440,227 | 33,983,240 | 3,456,987 | 45.0 | 48% |
| 2019 | 38,183,357 | 36,410,877 | 1,772,480 | 43.4 | 47% |
| 2020 | 47,968,638 | 35,876,079 | 12,092,559 | 48.3 | 48% |
| 2021 | 44,702,216 | 37,000,390 | 7,701,826 | 52.8 | 49% |
| 2022 | 52,734,440 | 41,819,272 | 10,915,168 | 46.8 | 45% |
| 2023 | 44,552,991 | 45,694,119 | −1,141,128 | 43.7 | 45% |
In its most recent public year (2023), this organization spent $1,141,128 more than it brought in. Its reserves stood at about 43.7 months of spending, up from 38.8 in 2011. Staff pay was 45% of spending. $21,725,599 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
Pace Academy Inc's IRS filings as a feed — one entry per filing year, through 2023. 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