Friends Of Collegiate Academies Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 0 | 12 | −12 | 929.0 | — |
| 2019 | 1,079,453 | 70,653 | 1,008,800 | 171.5 | 0% |
| 2020 | 358,664 | 601,515 | −242,851 | 15.3 | 0% |
| 2021 | 570,356 | 740,515 | −170,159 | 9.7 | 0% |
| 2022 | 578,786 | 698,257 | −119,471 | 8.2 | 0% |
| 2023 | 580,265 | 693,077 | −112,812 | 6.3 | 0% |
In its most recent public year (2023), this organization spent $112,812 more than it brought in. Its reserves stood at about 6.3 months of spending, down from 929 in 2018. Staff pay was 0% 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
Friends Of Collegiate Academies 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