Jubilee Academic Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,420,698 | 9,096,346 | 324,352 | 3.2 | 63% |
| 2012 | 15,763,134 | 15,396,384 | 366,750 | 2.2 | 64% |
| 2013 | 20,704,918 | 19,204,040 | 1,500,878 | 2.7 | 64% |
| 2014 | 26,280,355 | 24,399,703 | 1,880,652 | 3.0 | 60% |
| 2015 | 37,122,256 | 36,660,402 | 461,854 | 2.2 | 51% |
| 2016 | 42,837,485 | 41,029,773 | 1,807,712 | 2.5 | 52% |
| 2017 | 45,682,962 | 48,077,384 | −2,394,422 | 1.5 | 52% |
| 2018 | 50,430,427 | 48,137,003 | 2,293,424 | 2.1 | 52% |
| 2019 | 61,817,625 | 56,943,728 | 4,873,897 | 2.8 | 54% |
| 2020 | 71,976,095 | 69,210,951 | 2,765,144 | 2.8 | 54% |
| 2021 | 77,234,033 | 69,868,291 | 7,365,742 | 4.0 | 64% |
| 2022 | 90,492,083 | 89,627,228 | 864,855 | 3.3 | 53% |
| 2023 | 94,411,794 | 94,545,418 | −133,624 | 3.2 | 57% |
In its most recent public year (2023), this organization spent $133,624 more than it brought in. Its reserves stood at about 3.2 months of spending. Staff pay was 57% of spending. $16,137,238 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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