Harmel Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 140,744 | 100,721 | 40,023 | 6.0 | — |
| 2021 | 610,034 | 374,289 | 235,745 | 8.7 | 52% |
| 2022 | 929,945 | 806,034 | 123,911 | 5.9 | 52% |
| 2023 | 1,479,606 | 1,393,665 | 85,941 | 0.9 | 40% |
In its most recent public year (2023), this organization brought in $85,941 more than it spent. Its reserves stood at about 0.9 months of spending, down from 6 in 2020. Staff pay was 40% of spending. $256,500 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
Harmel Academy Inc'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