Ascension Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,370,054 | 1,710,737 | −340,683 | 47.2 | 22% |
| 2012 | 4,667,844 | 1,893,124 | 2,774,720 | 60.2 | 20% |
| 2013 | 1,913,632 | 2,105,554 | −191,922 | 53.1 | 20% |
| 2014 | 2,050,324 | 2,629,949 | −579,625 | 39.8 | 17% |
| 2015 | 2,567,143 | 2,641,826 | −74,683 | 39.3 | 17% |
| 2016 | 2,412,940 | 2,666,434 | −253,494 | 37.8 | 16% |
| 2017 | 2,252,402 | 2,634,100 | −381,698 | 36.6 | 13% |
| 2018 | 2,262,707 | 2,609,021 | −346,314 | 35.4 | 18% |
| 2019 | 1,919,005 | 2,631,398 | −712,393 | 31.8 | 64% |
| 2020 | 2,208,698 | 2,540,077 | −331,379 | 33.0 | 64% |
| 2021 | 2,389,524 | 2,505,984 | −116,460 | 33.2 | 66% |
| 2022 | 3,322,732 | 2,363,935 | 958,797 | 37.9 | 66% |
| 2023 | 1,945,455 | 2,463,031 | −517,576 | 34.0 | 66% |
In its most recent public year (2023), this organization spent $517,576 more than it brought in. Its reserves stood at about 34 months of spending, down from 47.2 in 2011. Staff pay was 66% of spending. $358,504 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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