everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Hobgood Academy Charter School Inc

Hobgood, NC / EIN 83-2001956 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20202,060,8821,730,133330,7492.354%
20213,069,6152,376,611693,0045.254%
20224,231,9183,801,109430,8094.652%
20235,312,6424,401,664910,9786.453%

In its most recent public year (2023), this organization brought in $910,978 more than it spent. Its reserves stood at about 6.4 months of spending, up from 2.3 in 2020. Staff pay was 53% 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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