Smith Academy For Excellence Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 647,244 | 596,004 | 51,240 | 1.0 | 0% |
| 2014 | 879,353 | 780,050 | 99,303 | 2.3 | 0% |
| 2015 | 848,459 | 887,055 | −38,596 | 1.5 | 0% |
| 2016 | 766,244 | 752,290 | 13,954 | 2.0 | 0% |
| 2017 | 692,065 | 703,022 | −10,957 | 1.9 | 0% |
| 2018 | 834,206 | 740,254 | 93,952 | 3.4 | 0% |
| 2019 | 888,468 | 797,991 | 90,477 | 4.5 | 0% |
| 2020 | 834,197 | 828,703 | 5,494 | 4.5 | 0% |
| 2021 | 952,292 | 817,810 | 134,482 | 6.5 | 0% |
| 2022 | 1,300,219 | 1,001,901 | 298,318 | 8.9 | 0% |
| 2023 | 1,603,933 | 1,176,007 | 427,926 | 11.9 | 0% |
In its most recent public year (2023), this organization brought in $427,926 more than it spent. Its reserves stood at about 11.9 months of spending, up from 1 in 2013. Staff pay was 0% of spending. $687,796 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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