Christ Life Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 240,789 | 223,909 | 16,880 | 6.0 | 59% |
| 2021 | 435,408 | 368,897 | 66,511 | 5.7 | 47% |
| 2022 | 548,678 | 420,345 | 128,333 | 8.7 | 58% |
| 2023 | 670,523 | 719,026 | −48,503 | 4.3 | 52% |
| 2024 | 845,912 | 798,178 | 47,734 | 4.6 | 65% |
In its most recent public year (2024), this organization brought in $47,734 more than it spent. Its reserves stood at about 4.6 months of spending, down from 6 in 2020. Staff pay was 65% 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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