The Academy Group
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 214,827 | 1,300 | 213,527 | 2012.6 | 0% |
| 2021 | 70,000 | 2,000 | 68,000 | 1716.2 | — |
| 2022 | 6,498,037 | 4,173,458 | 2,324,579 | 7.5 | 39% |
| 2023 | 4,192,008 | 6,792,511 | −2,600,503 | 0.0 | 34% |
In its most recent public year (2023), this organization spent $2,600,503 more than it brought in. Its reserves stood at about 0 months of spending, down from 2012.6 in 2020. Staff pay was 34% 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
The Academy Group'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