First Presbyterian Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 5,717,317 | 5,144,362 | 572,955 | 3.4 | 63% |
| 2022 | 7,002,050 | 5,224,829 | 1,777,221 | 7.5 | 59% |
| 2023 | 6,225,397 | 5,422,189 | 803,208 | 9.0 | 59% |
In its most recent public year (2023), this organization brought in $803,208 more than it spent. Its reserves stood at about 9 months of spending, up from 3.4 in 2021. Staff pay was 59% of spending. $526,842 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
First Presbyterian 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