Lagrange Academy Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,981,422 | 2,063,339 | −81,917 | 9.1 | 58% |
| 2012 | 1,828,607 | 1,968,182 | −139,575 | 8.6 | 61% |
| 2013 | 1,743,102 | 1,889,279 | −146,177 | 8.1 | 62% |
| 2014 | 1,936,560 | 1,909,225 | 27,335 | 8.2 | 63% |
| 2015 | 2,657,802 | 2,143,273 | 514,529 | 10.2 | 61% |
| 2016 | 3,474,572 | 2,323,507 | 1,151,065 | 15.5 | 60% |
| 2017 | 2,546,119 | 2,603,628 | −57,509 | 13.6 | 58% |
| 2018 | 2,405,520 | 2,472,797 | −67,277 | 14.1 | 58% |
| 2019 | 2,592,719 | 2,504,502 | 88,217 | 14.4 | 58% |
| 2020 | 2,703,093 | 2,775,004 | −71,911 | 12.9 | 62% |
| 2021 | 3,388,962 | 3,054,753 | 334,209 | 13.9 | 61% |
| 2022 | 3,422,078 | 3,247,242 | 174,836 | 12.9 | 59% |
| 2023 | 4,429,975 | 3,166,210 | 1,263,765 | 19.1 | 61% |
In its most recent public year (2023), this organization brought in $1,263,765 more than it spent. Its reserves stood at about 19.1 months of spending, up from 9.1 in 2011. Staff pay was 61% of spending. $3,043,190 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
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