Nantucket Project Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 920,642 | 861,452 | 59,190 | 1.5 | 23% |
| 2021 | 1,265,660 | 1,120,397 | 145,263 | 2.7 | 29% |
| 2022 | 898,810 | 1,024,334 | −125,524 | 1.5 | 12% |
| 2023 | 3,543,666 | 3,681,474 | −137,808 | -0.0 | 2% |
In its most recent public year (2023), this organization spent $137,808 more than it brought in. Its reserves stood at about 0 months of spending, down from 1.5 in 2020. Staff pay was 2% 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 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
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