The Trustees And Proprietors Of Bacon Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 302,953 | 67,288 | 235,665 | 67.8 | 0% |
| 2018 | 36,599 | 135,455 | −98,856 | 24.9 | — |
| 2020 | 119,147 | 54,687 | 64,460 | 81.1 | — |
| 2021 | 56,108 | 52,381 | 3,727 | 93.5 | — |
| 2022 | 66,500 | 80,515 | −14,015 | 50.5 | — |
| 2023 | 41,517 | 50,612 | −9,095 | 77.5 | — |
In its most recent public year (2023), this organization spent $9,095 more than it brought in. Its reserves stood at about 77.5 months of spending, up from 67.8 in 2017.
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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