Asheville Peak Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 303,195 | 199,883 | 103,312 | 6.2 | 70% |
| 2022 | 2,144,018 | 1,717,422 | 426,596 | 3.7 | 48% |
| 2023 | 2,229,426 | 2,444,612 | −215,186 | 1.6 | 51% |
In its most recent public year (2023), this organization spent $215,186 more than it brought in. Its reserves stood at about 1.6 months of spending, down from 6.2 in 2021. Staff pay was 51% 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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