Victory Collegiate Academy Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 3,136,088 | 2,606,283 | 529,805 | 2.9 | 39% |
| 2020 | 3,591,749 | 3,326,578 | 265,171 | 3.2 | 42% |
| 2021 | 3,112,690 | 2,986,186 | 126,504 | 4.1 | 41% |
| 2022 | 4,885,584 | 4,150,806 | 734,778 | 5.1 | 42% |
| 2023 | 4,700,823 | 4,843,754 | −142,931 | 4.0 | 43% |
In its most recent public year (2023), this organization spent $142,931 more than it brought in. Its reserves stood at about 4 months of spending, up from 2.9 in 2019. Staff pay was 43% 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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