Greenwich Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 43,759,555 | 38,952,007 | 4,807,548 | 35.1 | 40% |
| 2012 | 50,193,510 | 40,519,781 | 9,673,729 | 37.6 | 39% |
| 2013 | 46,200,642 | 39,909,837 | 6,290,805 | 41.2 | 40% |
| 2014 | 52,221,945 | 42,394,459 | 9,827,486 | 42.9 | 41% |
| 2015 | 44,036,976 | 42,769,290 | 1,267,686 | 44.3 | 41% |
| 2016 | 50,366,715 | 44,554,049 | 5,812,666 | 43.8 | 40% |
| 2017 | 46,718,867 | 44,872,893 | 1,845,974 | 46.8 | 43% |
| 2018 | 53,280,030 | 47,695,817 | 5,584,213 | 47.3 | 42% |
| 2019 | 67,862,854 | 50,047,051 | 17,815,803 | 50.6 | 43% |
| 2020 | 58,210,222 | 50,118,268 | 8,091,954 | 54.2 | 45% |
| 2021 | 56,728,095 | 51,697,211 | 5,030,884 | 61.3 | 44% |
| 2022 | 53,822,348 | 55,377,037 | −1,554,689 | 51.4 | 43% |
| 2023 | 51,216,827 | 57,540,791 | −6,323,964 | 51.5 | 42% |
In its most recent public year (2023), this organization spent $6,323,964 more than it brought in. Its reserves stood at about 51.5 months of spending, up from 35.1 in 2011. Staff pay was 42% of spending. $53,483,701 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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