Piedmont Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,170,190 | 2,083,205 | 86,985 | 10.5 | 64% |
| 2012 | 2,189,621 | 2,093,518 | 96,103 | 10.7 | 59% |
| 2013 | 2,064,713 | 2,062,252 | 2,461 | 10.9 | 60% |
| 2014 | 2,215,217 | 2,063,477 | 151,740 | 11.8 | 67% |
| 2015 | 2,241,625 | 2,171,912 | 69,713 | 11.6 | 65% |
| 2016 | 2,171,165 | 2,202,074 | −30,909 | 11.3 | 66% |
| 2017 | 2,287,315 | 2,265,714 | 21,601 | 11.1 | 65% |
| 2018 | 2,062,352 | 2,102,566 | −40,214 | 11.8 | 63% |
| 2019 | 1,794,970 | 1,968,688 | −173,718 | 11.5 | 62% |
| 2020 | 1,894,897 | 1,861,088 | 33,809 | 12.4 | 56% |
| 2021 | 2,417,821 | 2,341,412 | 76,409 | 11.5 | 53% |
| 2022 | 3,630,064 | 3,101,335 | 528,729 | 10.6 | 56% |
| 2023 | 4,115,349 | 3,910,516 | 204,833 | 8.7 | 53% |
In its most recent public year (2023), this organization brought in $204,833 more than it spent. Its reserves stood at about 8.7 months of spending, down from 10.5 in 2011. Staff pay was 53% of spending. $590,000 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
Piedmont 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