everyledgerAn index of 587,017 U.S. nonprofits · computed from public IRS filings · current through 2024

Okaloosa Academy Incorporated

Miramar Beach, FL / EIN 59-3401752 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20202,966,8153,105,212−138,3975.650%
20213,969,6423,336,287633,3557.548%
20223,514,9933,448,13766,8567.445%
20233,394,2713,286,838107,4338.248%

In its most recent public year (2023), this organization brought in $107,433 more than it spent. Its reserves stood at about 8.2 months of spending, up from 5.6 in 2020. Staff pay was 48% of spending. $1,056,916 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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