Great Western Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,652,086 | 8,465,321 | 186,765 | 0.4 | 0% |
| 2021 | 8,344,567 | 8,055,205 | 289,362 | 0.8 | 0% |
| 2022 | 10,419,868 | 9,940,870 | 478,998 | -7.4 | 0% |
| 2023 | 10,905,873 | 10,653,424 | 252,449 | -6.6 | 0% |
In its most recent public year (2023), this organization brought in $252,449 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-6.6 months), down from 0.4 in 2020. Staff pay was 0% 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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