Ocean Academy Charter School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 2,220,983 | 1,992,378 | 228,605 | 1.4 | 52% |
| 2018 | 2,220,983 | 1,992,378 | 228,605 | 0.0 | 52% |
| 2019 | 3,545,389 | 3,138,030 | 407,359 | 2.4 | 48% |
| 2020 | 5,265,911 | 3,794,324 | 1,471,587 | 6.7 | 51% |
| 2021 | 6,866,563 | 6,742,774 | 123,789 | 4.0 | 41% |
| 2022 | 8,975,459 | 8,543,174 | 432,285 | 3.7 | 45% |
| 2023 | 11,375,599 | 10,054,971 | 1,320,628 | 4.7 | 48% |
In its most recent public year (2023), this organization brought in $1,320,628 more than it spent. Its reserves stood at about 4.7 months of spending, up from 1.4 in 2017. Staff pay was 48% of spending. $84,406 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
Ocean Academy Charter School's IRS filings as a feed — one entry per filing year, through 2023. 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