Fayette Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,650,633 | 4,460,669 | 189,964 | 1.5 | 63% |
| 2012 | 4,850,221 | 4,655,256 | 194,965 | 1.9 | 60% |
| 2013 | 4,992,870 | 4,776,933 | 215,937 | 2.4 | 59% |
| 2014 | 5,148,525 | 5,099,242 | 49,283 | 2.4 | 57% |
| 2015 | 4,722,030 | 5,055,847 | −333,817 | 1.6 | 57% |
| 2016 | 4,700,143 | 5,120,797 | −420,654 | 0.6 | 55% |
| 2017 | 4,781,902 | 4,972,537 | −190,635 | 0.1 | 55% |
| 2018 | 5,312,457 | 5,117,314 | 195,143 | 0.6 | 51% |
| 2019 | 5,240,535 | 5,134,933 | 105,602 | 0.8 | 54% |
| 2020 | 5,767,060 | 5,272,385 | 494,675 | 1.9 | 55% |
| 2021 | 5,496,842 | 5,294,241 | 202,601 | 2.4 | 56% |
| 2022 | 5,865,591 | 6,079,756 | −214,165 | 1.7 | 52% |
| 2023 | 7,318,201 | 6,263,506 | 1,054,695 | 3.6 | 53% |
In its most recent public year (2023), this organization brought in $1,054,695 more than it spent. Its reserves stood at about 3.6 months of spending, up from 1.5 in 2011. Staff pay was 53% of spending. $1,203,307 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
Fayette 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