Saint Michael Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 714 | 3,542 | −2,828 | 159.8 | — |
| 2021 | 101,759 | 582 | 101,177 | 3058.7 | — |
| 2022 | 167,854 | 15,344 | 152,510 | 235.3 | — |
| 2023 | 282,184 | 246,688 | 35,496 | 16.4 | 59% |
In its most recent public year (2023), this organization brought in $35,496 more than it spent. Its reserves stood at about 16.4 months of spending, down from 159.8 in 2020. Staff pay was 59% 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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