Pinecrest Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 63,972,787 | 63,461,707 | 511,080 | 6.8 | 43% |
| 2021 | 90,117,756 | 81,304,352 | 8,813,404 | 6.6 | 41% |
| 2022 | 104,129,218 | 102,741,422 | 1,387,796 | 5.4 | 41% |
| 2023 | 137,095,452 | 125,273,245 | 11,822,207 | 5.6 | 43% |
In its most recent public year (2023), this organization brought in $11,822,207 more than it spent. Its reserves stood at about 5.6 months of spending, down from 6.8 in 2020. Staff pay was 43% of spending. $4,839,634 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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