Providence Hybrid Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 150,648 | 143,320 | 7,328 | 1.3 | — |
| 2021 | 6,932 | 12,085 | −5,153 | 20.7 | — |
| 2022 | 250,164 | 216,951 | 33,213 | 3.0 | 75% |
| 2023 | 301,679 | 296,580 | 5,099 | 2.4 | 67% |
| 2024 | 441,556 | 353,627 | 87,929 | 5.0 | 67% |
In its most recent public year (2024), this organization brought in $87,929 more than it spent. Its reserves stood at about 5 months of spending, up from 1.3 in 2020. Staff pay was 67% 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
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