Palm Bay Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,840,210 | 4,212,364 | −372,154 | -0.2 | 46% |
| 2012 | 3,842,251 | 4,350,720 | −508,469 | -1.6 | 47% |
| 2013 | 3,701,554 | 4,359,081 | −657,527 | -3.4 | 46% |
| 2014 | 3,937,230 | 4,138,279 | −201,049 | -6.0 | 52% |
| 2015 | 4,721,438 | 4,256,940 | 464,498 | -4.5 | 56% |
| 2016 | 5,004,604 | 4,600,968 | 403,636 | -3.1 | 56% |
| 2017 | 5,098,585 | 5,497,411 | −398,826 | -3.5 | 50% |
| 2018 | 4,772,062 | 5,542,887 | −770,825 | -5.1 | 51% |
| 2019 | 4,905,900 | 5,238,923 | −333,023 | -6.2 | 48% |
| 2020 | 4,046,301 | 4,771,971 | −725,670 | -8.6 | 48% |
| 2021 | 5,123,934 | 4,489,170 | 634,764 | -7.5 | 45% |
| 2022 | 4,416,270 | 4,603,873 | −187,603 | -7.2 | 45% |
| 2023 | 4,126,250 | 5,119,217 | −992,967 | -8.8 | 44% |
In its most recent public year (2023), this organization spent $992,967 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8.8 months), down from -0.2 in 2011. Staff pay was 44% of spending. $1,505,749 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
Palm Bay 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