Admiral Farragut Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 9,573,734 | 9,273,407 | 300,327 | -0.2 | 48% |
| 2013 | 10,364,451 | 10,107,058 | 257,393 | 0.1 | 47% |
| 2014 | 10,411,005 | 10,306,219 | 104,786 | 0.2 | 50% |
| 2016 | 14,474,041 | 14,699,896 | −225,855 | 0.1 | 42% |
| 2017 | 14,871,500 | 15,515,574 | −644,074 | -0.4 | 41% |
| 2018 | 16,498,962 | 15,863,418 | 635,544 | 0.0 | 41% |
| 2019 | 12,509,764 | 13,095,075 | −585,311 | 3.8 | 51% |
| 2020 | 17,628,245 | 16,948,455 | 679,790 | 3.0 | 38% |
| 2021 | 17,544,935 | 16,259,582 | 1,285,353 | 3.7 | 37% |
| 2022 | 16,062,183 | 15,518,873 | 543,310 | 4.3 | 39% |
| 2023 | 16,910,687 | 16,247,514 | 663,173 | 4.6 | 37% |
In its most recent public year (2023), this organization brought in $663,173 more than it spent. Its reserves stood at about 4.6 months of spending, up from -0.2 in 2012. Staff pay was 37% of spending. $2,943,051 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
Admiral Farragut 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