Ferris Christian Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 578,653 | 553,994 | 24,659 | 8.4 | 8% |
| 2012 | 635,626 | 578,160 | 57,466 | 9.3 | 67% |
| 2013 | 562,185 | 559,415 | 2,770 | 9.7 | 66% |
| 2014 | 556,246 | 545,921 | 10,325 | 10.1 | 67% |
| 2015 | 583,240 | 555,105 | 28,135 | 10.6 | 65% |
| 2016 | 692,388 | 678,616 | 13,772 | 8.9 | 61% |
| 2017 | 747,078 | 717,420 | 29,658 | 8.9 | 62% |
| 2018 | 822,676 | 840,404 | −17,728 | 7.5 | 61% |
| 2019 | 804,722 | 842,390 | −37,668 | 7.1 | 66% |
| 2020 | 706,499 | 743,708 | −37,209 | 7.5 | 67% |
| 2021 | 784,717 | 835,346 | −50,629 | 8.4 | 56% |
| 2022 | 1,031,646 | 904,451 | 127,195 | 9.5 | 45% |
| 2023 | 1,088,544 | 990,103 | 98,441 | 9.8 | 49% |
In its most recent public year (2023), this organization brought in $98,441 more than it spent. Its reserves stood at about 9.8 months of spending, up from 8.4 in 2011. Staff pay was 49% of spending.
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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