Raphael Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 127,772 | 119,351 | 8,421 | 1.0 | — |
| 2014 | 246,828 | 197,463 | 49,365 | 3.6 | 70% |
| 2015 | 327,564 | 281,150 | 46,414 | 4.5 | 74% |
| 2016 | 336,737 | 347,150 | −10,413 | 3.3 | 72% |
| 2017 | 498,766 | 402,549 | 96,217 | 5.7 | 67% |
| 2018 | 911,989 | 608,627 | 303,362 | 9.8 | 33% |
| 2019 | 313,666 | 423,739 | −110,073 | 10.9 | 53% |
| 2020 | 229,378 | 284,593 | −55,215 | 2.0 | 72% |
| 2021 | 294,495 | 303,060 | −8,565 | 1.6 | 76% |
| 2022 | 256,188 | 338,170 | −81,982 | -1.5 | 76% |
| 2023 | 541,122 | 402,090 | 139,032 | 2.9 | 54% |
In its most recent public year (2023), this organization brought in $139,032 more than it spent. Its reserves stood at about 2.9 months of spending, up from 1 in 2013. Staff pay was 54% 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
Raphael Academy'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