Workforce Advantage Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,366,648 | 1,377,282 | −10,634 | 4.0 | 49% |
| 2012 | 1,305,942 | 1,429,810 | −123,868 | 2.8 | 48% |
| 2013 | 1,515,821 | 1,498,317 | 17,504 | 2.8 | 49% |
| 2014 | 1,598,191 | 1,565,409 | 32,782 | 2.9 | 50% |
| 2015 | 1,732,435 | 1,651,610 | 80,825 | 3.4 | 44% |
| 2016 | 1,826,872 | 1,740,908 | 85,964 | 3.8 | 45% |
| 2017 | 1,857,210 | 1,785,283 | 71,927 | 4.2 | 46% |
| 2018 | 1,956,365 | 1,879,769 | 76,596 | 4.5 | 46% |
| 2019 | 2,045,321 | 2,122,573 | −77,252 | 3.5 | 39% |
| 2020 | 2,048,147 | 1,989,296 | 58,851 | 4.1 | 47% |
| 2021 | 2,070,510 | 2,064,390 | 6,120 | 4.0 | 44% |
| 2022 | 2,333,950 | 2,258,494 | 75,456 | 4.0 | 50% |
| 2023 | 2,508,545 | 2,424,779 | 83,766 | 4.2 | 48% |
| 2024 | 3,310,850 | 2,645,232 | 665,618 | 6.9 | 48% |
In its most recent public year (2024), this organization brought in $665,618 more than it spent. Its reserves stood at about 6.9 months of spending, up from 4 in 2011. Staff pay was 48% of spending. $58,130 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 2024. 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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