Summit Academy Of Central Virginia Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 177,065 | 129,827 | 47,238 | 4.4 | — |
| 2017 | 70,220 | 118,035 | −47,815 | -0.1 | — |
| 2018 | 340,598 | 331,296 | 9,302 | 0.3 | 64% |
| 2019 | 562,348 | 531,991 | 30,357 | 0.9 | 63% |
| 2020 | 483,713 | 548,815 | −65,102 | -0.6 | 65% |
| 2021 | 476,522 | 517,066 | −40,544 | -1.5 | 60% |
| 2022 | 948,424 | 752,851 | 195,573 | 2.1 | 60% |
| 2023 | 1,726,213 | 1,078,538 | 647,675 | 8.6 | 59% |
| 2024 | 1,156,979 | 1,109,886 | 47,093 | 8.5 | 62% |
In its most recent public year (2024), this organization brought in $47,093 more than it spent. Its reserves stood at about 8.5 months of spending, up from 4.4 in 2016. Staff pay was 62% 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 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
Summit Academy Of Central Virginia Inc's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works