Day 1 Academies
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 29,810,665 | 14,001,686 | 15,808,979 | 29.9 | 64% |
| 2022 | 111,075,078 | 42,528,161 | 68,546,917 | 29.2 | 55% |
| 2023 | 65,232,932 | 73,775,598 | −8,542,666 | 15.4 | 58% |
In its most recent public year (2023), this organization spent $8,542,666 more than it brought in. Its reserves stood at about 15.4 months of spending, down from 29.9 in 2021. Staff pay was 58% 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
Day 1 Academies'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