Cedars Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 5,935,732 | 5,850,984 | 84,748 | 4.7 | 60% |
| 2020 | 5,909,143 | 6,255,625 | −346,482 | 3.7 | 63% |
| 2021 | 6,495,376 | 6,295,220 | 200,156 | 4.1 | 61% |
| 2022 | 7,599,107 | 7,655,551 | −56,444 | 3.3 | 63% |
| 2023 | 7,970,788 | 8,241,915 | −271,127 | 2.7 | 61% |
In its most recent public year (2023), this organization spent $271,127 more than it brought in. Its reserves stood at about 2.7 months of spending, down from 4.7 in 2019. Staff pay was 61% of spending. $278,430 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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