Pacific Academy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 73,662 | 56,425 | 17,237 | 7.6 | — |
| 2020 | 129,915 | 67,473 | 62,442 | 17.5 | — |
| 2021 | 88,326 | 42,247 | 46,079 | 41.0 | — |
| 2022 | 105,918 | 115,128 | −9,210 | 14.1 | — |
| 2023 | 79,669 | 31,032 | 48,637 | 71.1 | — |
| 2024 | 193,306 | 186,699 | 6,607 | 12.2 | — |
In its most recent public year (2024), this organization brought in $6,607 more than it spent. Its reserves stood at about 12.2 months of spending, up from 7.6 in 2019.
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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