Harding Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,074,089 | 8,320,879 | 1,753,210 | 29.1 | 52% |
| 2012 | 9,926,689 | 8,661,176 | 1,265,513 | 29.7 | 52% |
| 2013 | 10,920,335 | 10,141,595 | 778,740 | 26.3 | 46% |
| 2014 | 10,509,303 | 9,794,791 | 714,512 | 28.1 | 50% |
| 2015 | 11,012,404 | 10,443,744 | 568,660 | 27.0 | 48% |
| 2016 | 10,742,437 | 10,793,416 | −50,979 | 26.1 | 49% |
| 2017 | 11,820,242 | 11,046,899 | 773,343 | 26.3 | 49% |
| 2018 | 12,097,509 | 11,244,088 | 853,421 | 26.8 | 48% |
| 2019 | 13,492,669 | 12,028,754 | 1,463,915 | 26.5 | 48% |
| 2020 | 14,183,780 | 11,498,889 | 2,684,891 | 30.5 | 52% |
| 2021 | 15,657,417 | 12,127,528 | 3,529,889 | 34.2 | 52% |
| 2022 | 14,070,043 | 12,558,914 | 1,511,129 | 33.4 | 54% |
| 2023 | 14,071,116 | 13,820,923 | 250,193 | 31.3 | 54% |
In its most recent public year (2023), this organization brought in $250,193 more than it spent. Its reserves stood at about 31.3 months of spending, up from 29.1 in 2011. Staff pay was 54% of spending. $10,584,601 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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